The Daily Shot Brief – January 2nd, 2019



The United States: As a result of tighter financial conditions, lower inflation expectations, and soft economic data, markets are now pricing in an 89% probability that the Fed will not hike rates this year (and may even lower them). Note that the FOMC is forecasting two rate increases. The Fed’s rate trajectory will likely depend on the outcome of the US-China trade negotiations.

Source: @TheTerminal


China: Industrial profits are trending lower.

Source: Cantor Fitzgerald Market Strategy Team


The Eurozone: Italy’s Five Star party is slumping in the polls.

Source: Danske Bank


Credit: Refinancing activity slowed in 2018 as rates/spreads climbed. 

Source: Credit Suisse


Emerging Markets: Below is the private debt service ratio for select economies.

Source: TS Lombard


Global Developments: The selloff in industrial metals doesn’t bode well for the world GDP.

Source: Capital Economics


Food for Thought: How do entrepreneurs prioritize their time?

Source: Bench Accounting


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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