Greetings,
The United States: How much of the weakness in the core PCE inflation measure has been due to “transitory” factors? Apparently, not enough to explain the recent decline. The second chart below shows the breakdown.
The Eurozone: Germany is more exposed to the US-China trade dispute than other Eurozone economies.
Equities: Here are several P/E ratio measures.
China: Will the recent improvements in China’s business sentiment get reversed as a result of the renewed trade tensions with the US?
Global Developments: What are the most crowded trades (according to global fund managers)?
Food for Thought: The percentage of Mormons by county:
Edited by Joseph N 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 DailyShotWSJ.com
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 support@wsj.com.
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.
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. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
