The United States: Most economists expect the next recession to hit in 2020 or 2021, making the current expansion the longest on record.
Here is an example of such a forecast, showing job losses in 2021.
Equity Markets: This chart shows the S&P 500 earnings-per-share growth rate.
Cryptocurrency: Bitcoin enters the 200d/50d death cross.
Credit: Household leverage appears to be correlated with the prevalence of non-cash transactions.
Eurozone: Spanish households have shifted from being net savers to net borrowers for the first time since the Great Recession.
Rates: Pressure on short-term US rates seems to be waning.
Energy: Here is how the supply/demand dynamics contributed to oil price changes this year.
Commodities: Recreational and medical cannabis prices are diverging.
Food for Thought: “AI” and “Big Data” mentions on quarterly earnings calls.
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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