The Daily Shot Brief – May 24th, 2019



The United States: Containerboard production is another indicator pointing to softer growth ahead.

Source: The Daily Feather


The Eurozone: At the Eurozone level, the divergence between manufacturing and services persists.

Source: Commerzbank Research


Equities: According to the IHS Markit PMI, corporate earnings will be under pressure going forward.

Source: @WilliamsonChris, @IHSMarkit


China: China’s household debt (as % of income) has been climbing rapidly – driven by housing debt (second chart below).

Source: Gavekal
Source: Gavekal


Global Developments: How have major currencies responded to negative trade-war news since 2018?

Source: Arbor Research & Trading

Food for Thought: Average MLB attendance:

Edited by Joseph N Cohen


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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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