Greetings,
The United States: What is the long-run potential US GDP growth? Goldman sees it at 1.75%.
China: Commercial bank asset growth has slowed in recent years.
The Eurozone: Turkey’s currency collapse had contributed to the weakness in the Eurozone’s exports last year.
Equities: Risk parity funds remain underexposed to the stock market (relative to recent history).
Credit: US high-yield refinance risk has been rising as near-term maturities pile up.
Global Developments: Have the flows into dollar assets peaked?
Food for Thought: The GDP per capita vs. the urbanization rate:
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.
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