The Daily Shot Brief – June 30th, 2020



United States: The impact on household net worth has been much less severe in this recession than after 2008. That’s mostly due to the stability of the housing market and the rebound in stock prices.

Source: BCA Research

Equity price gains, in particular, should boost consumer spending. While it’s mostly the higher-income households that own stocks, they also represent a large share of total consumption.

Source: Morgan Stanley Research


Eurozone: Speculative accounts have been increasing their bets on the euro.

Source: Capital Economics


China: The stock market has recovered most of the crisis-related losses.

Source: The Daily Shot


Alternatives: This chart shows the current private equity dry powder by fund vintage year.

Source: @WSJ; Read full article


Equities: Companies have been revising their earnings forecasts higher.

Source: @markets; Read full article


Food For Thought: Americans’ views on the COVID-19 disruption:

Source: Gallup; Read full article

Edited by Daniel Moskovits

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