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.
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