The Daily Shot Brief – July 17th, 2018



The United States: The U. Michigan business conditions index suggests moderation in business activity. Below, the U.Michigan’s indicator is compared with the ISM composite index.

Source: Morgan Stanley Research


China: China’s consumer is becoming a greater component of the GDP growth.

Source: ANZ Research

But is consumption overstated?

Source: Pantheon Macroeconomics


Global Developments: Surveys point to robust investment growth across advanced economies (although there is conflicting data from the US).

Source: Oxford Economics


Equity Markets: This chart shows the market share of US stock exchanges (and their competitors) over time.

Source: Credit Suisse


Emerging Markets: EM shares are trading at the highest discount to US stocks in 16 years.

Source: @DavidInglesTV


Food for Thought: Can money buy a winning baseball team? Here is the win ratio vs. the payroll.

Source: Jack Ablin, Cresset Wealth Advisors



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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