Greetings,
The United States: The current economic expansion is on track to become the longest on record.
China: Residential building activity should remain robust amid lower inventories.
The Eurozone: Will we see a sharp decline in French industrial production as well?
Credit: Investment-grade debt continues to underperform high-yield. The chart below compares spread movements over the past six months.
Emerging Markets: India’s stocks look expensive.
Global Developments: What worries asset allocators in 2019?
Food for Thought: Italians’ views on food across Europe:
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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