The Daily Shot Brief – March 17th, 2021



United States: After the economic releases, the Atlanta Fed’s GDPNow model sharply downgraded the Q1 growth projections.

Source: Atlanta Fed


Europe: Here is the US-Germany 10yr bond spread.

Source: Daily Shot


The widening spread is driven in part by the divergence in economic growth expectations – primarily due to the gap in fiscal stimulus between the US and Europe. A potential oversupply of Treasuries also contributes to wider spreads.

Source: @financialtimes Read full article


China: he quota for local government special bond issuance earmarked for infrastructure has barely changed from last year’s high, according to Alpine Macro.

Source: Alpine Macro


Commodities: Soybean shipments are flooding out of Brazil.

Source: @kannbwx


Equities: What level of Treasury yields will trigger a significant selloff in stocks? Fund managers have zeroed in on 2%.



Food For Thought: Types of neural networks:

Source: The Asimov Institute

Edited by Devon Lall

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