The United States: Are investors ignoring the rising odds of the federal government shutdown this week? The probability in the betting markets is still below 30% but climbing.
Credit: 2017 was a good year for investment-grade bond fund inflows.
China: The Chinese renminbi is advancing against the dollar (strongest in two years)
Bitcoin: Bitcoin remains range-bound.
Equity Markets: The rotation out of active equity mutual funds continued in 2017.
Canada: The BoC continues its attempts to rein in the housing market.
Emerging Markets: The end of NAFTA could be devastating for Mexico’s economy
Global Developments: The chart below has the government debt and the fiscal deficits as a percentage of the GDP.
Food for Thought: What do Americans see as the country’s top problem?
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.
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/
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