The Daily Shot Brief – July 26th, 2018

Greetings,

 

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


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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.

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