The Daily Shot Brief – May 8th, 2019

Greetings,

 

The United States: Slower tax refunds this year will be a drag on retail sales.

Source: Pantheon Macroeconomics

 

The Eurozone: Here is the euro’s 60-day rolling historical volatility.

Source: @TheTerminal

 

Equities: Investors were caught off guard by the renewed trade tensions.

Source: Arbor Research & Trading

 

China: Here is the inventory-to-sales ratio in China’s residential market.

Source: CreditSights

 

Rates: This chart shows the neutral interest rate estimates for select economies.

Source: Oxford Economics

 


Food for Thought: 1929 vs. 2008:

Source: Commerzbank Research

 

 


Edited by Joseph N 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

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