The Daily Shot Brief – July 19th, 2019



The United States: The language in the Fed’s Beige Book has become less upbeat over time. Here is the count of words related to ‘trade’ and ‘uncertainty.’

Source: BofAML, @tracyalloway


The Eurozone: Will stronger wages finally push the Eurozone’s inflation higher?

Source: Scotiabank Economics


Credit: Who owns leveraged loans?

Source: BCA Research


Energy: US pipeline companies (MLPs) have been underperforming over the past few days.

Source: The Daily Shot


Food for Thought: Inbound migration:

Source: @taxfoundation

Edited by Joseph N Cohen


To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.

If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.

The Daily Shot Premium is also available online at

If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to

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.

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.

Contact the Daily Shot Editor:


Leave a Reply