The Daily Shot Brief – November 13th, 2018



The United States: US transport/logistics prices continue to climb.

Source: Cass Information Systems


China: Bank lending rates have been unusually high relative to money market rates.

Source: Goldman Sachs


The Eurozone: Part of the reason for the euro area’s equity underperformance is the weakness in the “administered” (state-controlled) sectors. Slower GDP growth has also been a factor.

Source: Gavekal


Equities: Does the latest trend in the US household net-worth point to a bubble in financial assets?

Source: @jessefelder, @EpsilonTheory; Read full article


Rates: Industrial metals and Treasury yields have diverged. This trend partially reflects the divergence between the US and China’s economic (and monetary policy) trajectories. Rising US deficits/issuance also contributed to this gap.

Source: Moody’s Analytics


Emerging Markets: What do PPP models tell us about the relative valuation of EM currencies?

Source: Nedbank


Cryptocurrency: Bitcoin volatility continues to moderate.

Source: @TheTerminal


Food for Thought: “Entry-level” jobs require 3+ years of experience.

Source: @DataIsBeautiful


Edited by Joseph 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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