The United States: The latest growth indicators don’t look promising. The Oxford Economics GDP forecast:
The Eurozone: Property prices in the Eurozone have been climbing in recent years. Will the trend continue?
Equities: Is credit telling us that stocks should be lower? This chart compares the S&P 500 with the ratio of JNK (high-yield ETF) to IEF (7-10yr Treasury ETF).
Emerging Markets: Foreign investors have been exiting EM equities in May.
Global Developments: Volatility has been absent amid heightened economic uncertainty.
Food for Thought: Female employment rates:
From our sponsor:
Edited by Joseph N 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 firstname.lastname@example.org.
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