The Daily Shot Brief – January 3rd, 2020



Equities: The S&P 500 hit a record high after China’s central bank cut reserve requirements, which will release a substantial amount of liquidity into the financial system (see #3 here). As discussed previously, technical indicators signal that the market is overbought.

Source: The Daily Shot


Credit: Here is S&P’s credit upgrades-to-downgrades ratio.

Source: @markets; Read full article


Europe: Will we see a slowdown in Germany’s consumer spending?

Source: Pantheon Macroeconomics


The United Kingdom: Businesses seem to be a bit more upbeat on Brexit.

Source: Reuters; Read full article


Global Developments: The global manufacturing PMI is signaling a rebound in industrial production.

Source: Capital Economics


Here are some economic data momentum indicators.

Source: Arbor Research & Trading


Food for Thought: How bread is stored at home:

Source: @WSJ; Read full article

Edited by Devon Lall

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