Greetings,
The United States: US manufacturing growth continues to outperform China and the Eurozone. Is this divergence sustainable?
China: Economic activity indicators point to deterioration that is not fully visible in the official figures.
• Goldman’s indicator:
• Barclays’ indicator:
The Eurozone: Robust wage growth should boost the services CPI.
Equities: Here is the ratio of market cap to total assets by sector.
Credit: This chart compares the average size of adjustable-rate mortgages (ARMs) with traditional fixed-rate loans.
Global Developments: Even if the Fed cuts back the pace of its balance sheet reduction, global liquidity will remain relatively tight.
Food for Thought: Obesity rates by country:
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 support@wsj.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
