The Daily Shot Brief – May 19th, 2020


Administrative Update

Please note that The Daily Shot will not be published next Monday, May 25th.

Equities: Fund managers are still overweight in healthcare and cash/bonds.

Source: BofA Merrill Lynch Global Research, @Callum_Thomas


Credit: The Fed’s Commercial Paper Funding Facility helped tighten short-term funding spreads.

Source: Liberty Street Economics; Read full article


Energy: Here are some scenarios for global oil demand through the end of next year.

Source: Princeton Energy Advisors


China: Corporate deposits are starting to recover, while household deposits remain muted.

Source: BCA Research


Also, investors have been getting out of China-dedicated equity funds.

Source: Goldman Sachs


United Kingdom: Consumer spending plummetted in April.

Source: Paolo Surico, Diego Känzig and Sinem Hacioglu (CEPR); Read full article


Food for Thought: Americans’ views on China:

Source: @pewresearch; Read full article


In addition, US consumer purchasing decisions based on product origin:

Source: @business; Read full article

Edited by Devon Lall

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