The Daily Shot Brief – July 18th, 2018



The United States: The majority of fund managers expect the next recession to begin in the second half of next year or the first half of 2020.

Source: BofA Merrill Lynch Global Research


China:  China’s new home price increases have accelerated (see chart). Existing home prices are lagging.

Source: Pantheon Macroeconomics


Global Developments: Which nations have the worst restrictions on services provided by foreign companies?

Source: Deutsche Bank, @ReutersJamie


Equity Markets: Earnings are highly correlated to the ISM index.

Source: BofA Merrill Lynch Global Research


Emerging Markets: Here is the history of EM crises by region and crisis type.

Source: Capital Economics


Food for Thought: Who is “extremely proud” to be American?

Source: @axios; Read full article


Edited by Joseph 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