The Daily Shot Brief – January 11th, 2018

Greetings,

 

The United States: The inventories of single-family homes on the market keep dwindling.

Source: @calculatedrisk; Read full article

 

Credit: The Volcker Rule has damaged liquidity in the corporate bond market. Providing a loan to a company is fine but holding a corporate bond is “speculation”? Banks are in the business of assuming credit risk, no matter what form it takes.

Source: First Principles Capital Management

 

China: Credit growth slowdown in China is expected to continue.

Source: BMI Research

 

Bitcoin: This chart compares the daily volatility of Bitcoin to other asset classes.

Source: @Schuldensuehner

 

Equity Markets: Stock dividend yields are diverging from Treasury yields.

Source: Credit Suisse

Both buyback and dividend yields have been declining just as Treasury yields rise.

Source: Credit Suisse

 

Eurozone: The real rate differential between Germany and the US has completely diverged from the euro.

Source: BMI Research

 

Global Developments: Global consumer spending is expected to remain strong in 2018.

Source: Capital Economics

 


Food for Thought: North and South Korea at night.

Source: @Amazing_Maps

 

Edited by Joseph N Cohen


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