The Daily Shot Brief – May 24th, 2018



The United States: Why has it been so hard for the CBO to forecast the US budget deficit?

Source: Goldman Sachs


The Eurozone: The divergence between the Eurozone and the US manufacturing PMI doesn’t bode well for the euro.

Source: Capital Economics


Energy: This chart compares the decline in output for legacy wells with the production growth in new wells in the Permian Basin.

Source: EIA, @LeopoldHeinrich


Equity Markets: Is cross-border M&A overheating?

Source:, h/t Paul Menestrier; Read full article


China: Here is the breakdown of China’s current account surplus.

Source: BMI Research


Japan: As the population ages, the household savings ratio continues to decline.

Source: Capital Economics


Global Developments: What are the drivers of consumer spending globally?

Source: Oxford Economics


Food for Thought: Some international statistics on school shootings.

Source: CNN, @mj_lee


Have a great holiday weekend! The next brief will be out Tuesday, May 29th.




Edited by Joseph Cohen

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