The Daily Shot Brief – January 30th, 2018




The United States: Here is the GDP forecast for the next couple of years from Morgan Stanley (that Q4 projection didn’t work out well). Economists expect consumption growth to slow as a result of the lowest savings rate in a decade.

Source: @acemaxx, @MorganStanley


The Eurozone: The euro area broad unemployment rate (U6, which includes underemployment) continues to decline.

Source: @MxSba


Equity Markets: There is some debate about the bond yield inflection point when valuations respond negatively to higher yields. Credit Suisse says it’s 3.5% on the 10yr Treasury. Some think the inflection yield is much lower.

Source: Credit Suisse


Credit: Investors are starting to become cautious on investment-grade (IG) corporate debt. Here is the short interest in LQD, the largest IG bond ETF.

Source: JPMorgan, @tracyalloway


China: Growth in property prices is slowing. Tier-3 properties are expected to be the most resilient.

Source: BMI Research
Source: BMI Research


Energy Markets: The combined money manager positions across petroleum products show extreme bullishness in the sector.

Source: @JKempEnergy


Cryptocurrencies:  Investors are starting to short some of the companies that rallied in response to the recent “crypto hype.”

Source: @tracyalloway, @kaileyleinz; Read full article


Food for Thought: Greenhouse gas emissions by source.

Source: @wef; Read full article



Edited by Joseph N Cohen

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