Greetings,
The United States: the Committee shifted its rate projections for 2018 and 2019 higher, signaling that another two hikes this year are likely. Here is the “dot plot” over time.
China: Bloomberg’s monetary conditions index shows tightening (lower = tighter).
Rates: This chart shows the size of some of the largest fixed income markets globally.
Equity Markets: FANG insiders are expected to sell quite a bit of stock this year.
Emerging Markets: Saudi Arabia’s consumer confidence has risen sharply.
Food for Thought: Each nation’s GDP per capita vs. percent trust in the judicial system (across major economies):
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 DailyShotWSJ.com
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 support@wsj.com.
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.
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. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com