The Daily Shot Brief – November 6th, 2017

Greetings,

 

The United States: The ISM nonmanufacturing index beat expectations as export orders accelerated.

Source: The Daily Shot

Here is the full breakdown of the ISM report.

Source: ISM; Read full article

 

Europe: The pound increasingly drives stock prices in the UK.

Source: @BW; Read full article

 

Emerging Markets: The Venezuelan bolivar weakened further in the black market. One has to bring “bags” of the Venezuelan currency to buy one US dollar.

Source: venezuelaecon.com

 

Equity Markets: This chart shows the total US market capitalization as a percentage of the US GDP.

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

 

Global Developments: Sovereign credit default swap spreads are near the lows globally.

Source: Variant Perception; Read full article

 


Food for Thought: It’s hard to see any impact on the NFL viewership from the American anthem protests.

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

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.

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