The Daily Shot Brief – March 11th, 2019



The United States: The tax-driven corporate earnings repatriation (which boosted last year’s share buybacks) is over.

Source: JP Morgan, @tracyalloway, h/t @MattGarrett3


The Eurozone: French, Italian, and Spanish industrial production rebounded in January, exceeding economists’ forecasts.

Source: @nghrbi


Equities: VIX futures’ beta to the S&P 500 has been unusually low.

Source: Goldman Sachs, @DriehausCapital


China: Large banks have been slashing their lending to small enterprises.

Source: Natixis


Global Developments: Falling bond yields (and another increase in negative-yielding securities) have been putting pressure on banks.

Source: The Daily Feather


Food for Thought: The Kim regime purges:

Source: @WSJ; Read full article



Edited by Joseph 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

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

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.

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.

Contact the Daily Shot Editor:

Leave a Reply