The United States: The February Sales Managers’ Index (SMI) showed further moderation in US business growth. Business confidence and hiring indices slumped.
The Eurozone: Portfolio outflows have worsened at the end of 2018. Will we see a reversal this year?
Equities: Here is the percentage of the S&P 500 stocks that are above the 50-day moving average.
Credit: Here are the retail fund flows showing the divergence between bonds and leveraged loans.
Global Developments: The G7 GDP volatility continues to trend lower.
Food for Thought: The number of realtors as a percentage of the pre-recession peak:
Edited by Joseph 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 email@example.com.
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