The Daily Shot Brief – July 24th, 2017

Greetings,

 

The United States: Below is the breakdown of the core CPI between goods and services. A weak US dollar is likely to ease the persistent goods deflation.

Source: Capital Economics

 

Global Developments: Below is a comparison of leading indicators for the largest economies.

Source: @ReutersJamie, @josephncohen

 

Credit: This map shows the Moody’s general obligation (municipal debt) rating for each state.

Source: Moody’s Investors Service

 

Equity Markets: The S&P 500 index is increasingly dominated by tech shares.

Source: @bespokeinvest

 

Energy Markets: US coal exports are picking up again.

Source: @EIAgov; Read full article

 

Emerging Markets: Improved growth and falling inflation (on average) across emerging markets continue to attract capital.

Source: BofAML
Source: BofAML

 

The Eurozone: Hedge funds don’t think the euro is overvalued and continue to increase their bets that the currency will climb further.

 

 

Japan: Fund managers have turned bullish on Japan’s stock market.

Source: BofAML

 


Food for Thought: US news coverage of disasters.

Source: ourworldindata.org; Read full article

So how many deaths does it take to get the media’s attention?

 

Source: ourworldindata.org; Read full article

Edited by Joseph N 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/


Contact the Daily Shot Editor: Editor@DailyShotLetter.com

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