The United States: How well did the yield curve predict prior recessions?
China: Here is an interesting question. How much of the recent dollar weakness is due to Beijing tolerating a stronger renminbi?
Equity Markets: It’s interesting that the stock market had tolerated bond yield increases for some time, but it was the last 15 basis points that broke the camel’s back.
Rates: The FOMC membership is tilting more hawkish this year.
The United Kingdom: The chart below shows the British households’ forecasts for the next rate hike.
Global Developments: What’s the impact of the US dollar’s weakness on world trade?
Cryptocurrencies: Here are the declines from the recent peak.
Food for Thought: Top-searched winter Olympics sports.
Edited by Joseph N Cohen
To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.
If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.
The Daily Shot Premium is also available online at DailyShotWSJ.com
If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to firstname.lastname@example.org.
Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com