The Daily Shot Brief – June 5th, 2018



The United States: US housing affordability is worsening as a result of higher mortgage rates and housing prices.

Source: Black Knight

And there is a good chance that affordability will deteriorate further. Here is one such scenario.

Source: Black Knight


The Eurozone: The Spanish and Italian bond trading activity spiked in May.

Source: Tradeweb


Rates: The market will get a massive injection of additional Treasury securities over the next few years.

Source: Oxford Economics

Here is the US financing need for 2018 relative to other developed economies (% of GDP).

Source: Deutsche Bank Research


Equity Markets: Which are the top three US firms by revenue?

Source: @howmuch_net; Read full article


Global Developments: Higher corporate debt levels will make rising rates more painful.

Source: IIF

Food for Thought: The strongest (table below) and the weakest (second table below) state economies.

Source: WalletHub
Source: WalletHub

Here is the map (1= highest economic ranking).

Source: WalletHub




Edited by Joseph Cohen

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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