The Daily Shot Brief – January 19th, 2021

Greetings,

 

United States: The fiscal package proposed by President-elect Biden is almost as big as the CARES Act.

Source: Moody’s Analytics

 

A new stimulus program of this size will turbo-charge economic growth and take the US to “full employment” by the fall of 2022, according to Moody’s Analytics.

Source: Moody’s Analytics

 

Eurozone: Italy’s Conte is trying to hold on to power without a majority.

Source: Politico Read full article
Source: @bpolitics Read full article

 

Japan: JGBs dropped on a Reuters story suggesting the BoJ may let yields rise a bit.

Source: Reuters Read full article
Source: @djr8519

 

Commodities: According to Goldman, “redistributional” government policies point to further gains in commodity prices.

Source: Goldman Sachs, @jsblokland

 

Rates: Here is the FOMC dove-hawk spectrum.

Source: BofA Global Research, @SamRo

 

Food For Thought: Companies advancing racial equality:

Source: @wef Read full article

Edited by Devon Lall

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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