The Daily Shot Brief – November 2nd, 2018



The United States: This chart shows US household formation over time (renters vs. homeowners).

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


China: This chart shows the RMB (yuan) usage in foreign payments.

Source: Oxford Economics


The Eurozone:  Switzerland’s PMI is declining quickly (yesterday we saw sagging economic confidence – see chart).

Source: The Daily Shot


Equities: Small banks have boosted their borrowing in recent months which isn’t helping their share prices (especially if the yield curve stays flat).

Source: TS Lombard


Credit: Fixed-income ETF trading volume jumped, especially for EM debt and US high-yield.

Source: BlackRock


Emerging Markets: This chart shows central bank rates across Latin America.

Source: Pantheon Macroeconomics


Food for Thought: How quickly do companies fix software flaws?

Source: CA Veracode; Read full article


Edited by Joseph Cohen

What We’re Reading: The Kobeissi Letter

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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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