The United Kingdom: Spending is expected to increase even if the Tories win. As a result, Goldman expects a stronger fiscal tailwind in the UK than the euro area.
Europe: Will the US open another front in its trade war?
Asia-Pacific: Japanese firms have been increasingly profitable.
China: Excavator sales continue to weaken, which signals softer residential construction investment.
Energy: US refineries have scaled back production this year amid weak demand from abroad (second chart).
Food for Thought: Average FICO score:
Edited by Devon Lall
To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.
If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.
The Daily Shot Premium is also available online at DailyShotWSJ.com
If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to email@example.com.
Contact the Daily Shot Editor: Editor@DailyShotLetter.com