Greetings,
The United States: Business investment is expected to cool.
China: China’s money supply expansion has been lagging loan growth (liquidity is not making its way into the broader economy).
This scatterplot shows corporate profitability vs. the velocity of money.
The Eurozone: According to Goldman Sachs, government debt spreads will widen in the post-QE environment.
Equities: This chart shows the S&P 500 holding its decade-long support trend line.
Global Developments: The chart below shows tech companies’ contribution to total corporate earnings (LTM = last twelve months).
Food for Thought: Internet giants:
Edited by Joseph 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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