The United States: Economists continue to predict an acceleration in US wages.
The Eurozone: German business climate keeps improving. However, there is a widening gap between the current conditions and business expectations. The second set of charts below shows the sector breakdown.
Equity Markets: Analysts continue to raise concerns about valuations.
Credit: The percentage of “underwater” automobile loans keeps climbing.
Emerging Markets: International EM investors have fallen in love with Vietnam.
• Non-resident portfolio flows:
Cryptocurrencies: Is Bitcoin ready for a breakout?
Global Developments: Which currencies have the highest/lowest beta to the S&P 500?
Food for Thought: Most binge-watched TV shows of 2017 by state.
Have a great weekend!
Edited by Joseph N 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 firstname.lastname@example.org.
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