Greetings,
The United States: The US GDP growth has slowed but is expected to remain above potential.
The Eurozone: Below are the contributions to the euro area’s industrial production.
Equities: Most firms in the S&P 500 are not “cash-rich” – the data is skewed by the top 5% of the companies.
Credit: Investment-grade CDX spread (yellow) has tightened to the levels last seen in October (white = high-yield CDX spread).
Global Developments: Here is an updated ETF asset growth chart.
Food for Thought: Southwest border apprehensions:
Edited by Joseph Cohen
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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
