The Daily Shot Brief – November 30th, 2017

Greetings,

 

The United States: Surveys show US economic confidence bouncing over the Thanksgiving weekend.

Source: Gallup; Read full article

 

The United Kingdom: Here is a GDP forecast out to 2020. Both consumption and investment are expected to be softer next year.\

Source: @OxfordEconomics, @josephncohen; Read full article

 

Rates: Treasury issuance will increase meaningfully next year, with the biggest pop in the “belly” of the curve.

Source: Credit Suisse

 

Equity Markets: Equity ETF inflows into large-caps have picked up again last week.

Source: Credit Suisse

 

Bitcoin: Bitcoin blasted past $11,000, and then turned around and sold off 20% from the high.

Source: @jsblokland

 

Emerging Markets: Brazil’s central bank has shifted to a different regime in terms of consumer credit. It is unlikely to reverse course aggressively if credit improves.

Source: LCA macroeconomia

 

China: China’s trade partners’ economic activity keeps improving (white line), suggesting that export orders should remain robust.

Source: @TomOrlik

 


Food for Thought: Some consequences of the GOP tax bill.

Source: WSJ.com; Read full article

Edited by Joseph N Cohen


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