The Daily Shot Brief – June 11th, 2019

Greetings,

 

The United States: The risk of a recession in the near-term, while still relatively low, has risen in recent months.

• The NY Fed’s and the Cleveland Fed’s recession risk models:

Source: Market Ethos, Richardson GMPSource: Market Ethos, Richardson GMP

 

The Eurozone: Did the Eurozone’s GDP growth stall this quarter?

Source: Pantheon Macroeconomics

 

Equities: US firms better show robust earnings in the coming quarters because there isn’t a great deal of room for multiple expansion.

Source: Alpine Macro

 

Emerging Markets: The Mexican peso rebounded in response to the US-Mexico ‘deal’.

Source: The Daily Shot

Food for Thought: Lunch with Warren Buffett:

Source: WSJ

 

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Edited by Joseph N Cohen

 

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