The Daily Shot Brief – March 22nd, 2019



The United States: Next, we have the World Economics SMI for March. This index measures business activity at the national level. It shows confidence rebounding, but caution around hiring persists.

Source: World Economics


The Eurozone: Spain’s trade deficit is rising (partially due to strong domestic demand).

Source: The Daily Shot


Equities: The chart below shows US semiconductor manufacturers’ revenues and earnings forecasts.

Source: Yardeni Research


China: The World Economics SMI index shows a rebound in China’s manufacturing. Margins, however, remain soft.

Source: World Economics


Credit: The charts below show investment-grade debt trading activity over time.

Source: Credit Suisse


Food for Thought: Robot prices vs. labor costs:

Source: @wef; Read full article




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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