The Daily Shot Brief – January 24th, 2019



The United States: The US Sales Manager Index (SMI) from World Economics shows that business activity is holding up in January. However, business confidence softened, and the pace of hiring (“staffing levels”) slowed substantially.

Source: World Economics


China: Softer disposable income growth does not bode well for retail sales.

Source: Fitch Solutions Macro Research


The Eurozone: This chart shows the changes in Germany’s foreign direct investment.

Source: CrossBorder Capital


Equities: Company earnings calls increasingly mention recession concerns.

Source: Arbor Research & Trading


Credit: The largest (most liquid) leveraged loans have recovered most of their recent losses. That’s not the case for smaller loans.

Source: IHS Markit


Food for Thought: Streaming services take on Hollywood.

Source: @StatistaCharts; Read full article


Edited by Joseph Cohen

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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