Greetings,
The United States: The US agricultural sentiment index (Ag Economy Barometer) improved in October on hopes that the NAFTA 2.0 deal will ease trade tensions.
China:Goldman’s money-supply indicator for China has diverged from the nation’s credit growth.
Eurozone: Economists expect rising wages to nudge the Eurozone’s inflation rate higher.
Equities: This chart shows the State Street Investor Confidence index through October.
Credit: This chart shows yields, spreads, and durations across fixed income asset classes.
Emerging Markets: This chart shows the CPI across LatAm economies.
Food for Thought: How generous are the wealthiest Americans?
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), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
We would also like to thank the Federal Reserve Bank of St. Louis for the incredible job they have done providing data and graphics to the public. Here is the credit and legal notice related to all FRED charts: FRED® Graphs ©Federal Reserve Bank of St. Louis. All rights reserved. All FRED® Graphs appear courtesy of Federal Reserve Bank of St. Louis. http://research.stlouisfed.org/fred2/
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
