The Daily Shot Brief – June 6th, 2019

Greetings,

 

The United States: China, of course, remains the most significant component of the US trade gap with the world.

Source: @TCosterg

 

The Eurozone: The ECB has been downgrading its inflation forecasts due to a weaker growth outlook.

Source: Danske Bank

 

Equities: This chart shows the S&P 500 valuation (forward P/E ratio) with and without FANG stocks.

Source: Yardeni Research

 

Emerging Markets: Turkey’s sentiment indicators keep sinking.

Source: Moody’s Investors Service

 


Food for Thought: US car imports:

Source: Wells Fargo Securities

 

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Edited by Joseph N Cohen

 

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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.

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