Greetings,
The United States: The chart below shows the Goldman Sachs Wage Tracker and the Wage Survey Leading Indicator. All signs point to higher pay for Americans in the months to come.
The Eurozone: This chart provides the consumer confidence trends in the Eurozone.
Energy: Crude oil markets are expected to be in deficit over the next few years.
Equity Markets: Shareholders are pressuring companies to be more environmentally “friendly.”
Global Developments: Female labor force expansion over the past decade has outpaced male participation.
Emerging Markets: China’s shipping stocks jumped on the US-China trade negotiations (supposed) progress.
Food for Thought: Will the Democrats take control of the House after the midterm elections?
Edited by Joseph 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.
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