The Daily Shot Brief – June 2nd, 2020

Greetings,

 

United States: In some regions/industries, it is more lucrative to keep the expanded unemployment benefits than to return to work.

Source: @WSJ; Read full article

 

In addition, despite the government checks, many households have been tapping their savings to pay bills.

Source: MagnifyMoney; Read full article

 

Eurozone: Germany’s yield curve has steepened in recent days as the government readies substantial fiscal stimulus.

Source: Reuters; Read full article
Source: Daily Shot

 

China: Many EM economies owe China money.

Source: Quill Intelligence

 

Equities: This chart shows the total share buybacks for S&P 500 sectors announced over the past three months.

Source: @ISABELNET_SA, @DeutscheBank; Read full article

 

Global Developments: This chart shows productivity growth across OECD countries.

Source: Centre for European Reform; Read full article

 

Food For Thought: Accuracy of the COVID-19 death count:

Source: Gallup; Read full article

Edited by Devon Lall

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Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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