The Daily Shot Brief – May 12th, 2020

Greetings,

 

United States: Americans have been delaying bill payments.

Source: doxo INSIGHTS

 

And mortgage forbearance rates keep rising, albeit at a slower pace.

Source: Mortgage Bankers Association

 

Europe: Below this year’s UK household spending vs. 2019.

Source: @financialtimes; Read full article

 

China: Credit expansion is running well ahead of historical trends.

Source: Daily Shot

 

Also, here is the broad money supply (M2).

Source: Goldman Sachs

 

Energy: The largest energy firms saw substantial declines in cash flow in the first quarter.

Source: @markets; Read full article

 

Equities: What are investors’ biggest concerns?

Source: Evercore ISI, @LizAnnSonders

 

Food for Thought: Changes in consumer purchasing behavior:

Source: Morning Consult; Read full article

Edited by Devon Lall

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Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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