The Daily Shot Brief – July 26th, 2018



The United States: A significant portion of this year’s GDP growth is due to the federal government stimulus. But the party ends in 2020.

Source: Scotiabank Economics


The Eurozone: The ECB didn’t provide much new information regarding policy direction. Here are some updates.

• The ECB balance sheet forecast from UBS:

Source: UBS, @Schuldensuehner


Average life of the ECB’s portfolio bonds by country:

Source: RBC, @Schuldensuehner


Rates: The market is not as optimistic about the rate trajectory as the Fed.

Source: Scotiabank Economics


Equity Markets: What can South Korea’s export growth tell us about US corporate earnings?

Source: @Not_Jim_Cramer


Emerging Markets: Here are some scenarios for Brazil’s debt-to-GDP ratio.

Source: @IIF


Food for Thought: US home prices by region:

Source: Scotiabank Economics





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