The Daily Shot Brief – January 10th, 2018

Greetings,

 

The United States: Is the high job quits rate telling us that wage growth is about to accelerate (better give your workers a raise or they will quit)?

Source: Capital Economics

 

Credit: Student loan delinquencies remain elevated.

Source: First Principles Capital Management

 

China: The stock market continues to climb.

Source: The Daily Shot

 

Bitcoin: The lower part of the next chart shows the drawdowns in Bitcoin vs. the stock market.

Source: SPDR Americas Research

 

Equity Markets: The stock market capitalization as a percentage of the GDP keeps climbing.

Source: Advisor Perspectives

 

Europe: The Swiss central bank reported a massive gain on its foreign investment portfolio. It holds US and European stocks and bonds and hundreds of billions worth of euros. The gold rally was also helpful.

Source: @WSJ; Read full article

 


Food for Thought: Stock ownership by income percentile.

Source: @SteveRattner, @Morning_Joe

 

Edited by Joseph N 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.

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