The Daily Shot Brief – July 9th, 2018



The United StatesMost FOMC members now see the risks to the GDP and inflation as “broadly balanced.”

Source: Morgan Stanley Research


AsiaAsia’s financial conditions have tightened substantially.

Source: IIF


Global DevelopmentsThe average unemployment rate in the OECD nations is at the lowest level in decades.

Source: @jsblokland


Equity Markets: Merrill Lynch’s private clients still hold extremely low levels of cash and …

Source: BofA Merrill Lynch Global Research

… run high-beta portfolios.

Source: BofA Merrill Lynch Global Research


Emerging Markets: This chart shows the changes in credit spreads since the beginning of the year.

Source: IIF


Food for Thought: US car imports over time:

Source: Pictet Wealth Management


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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