The Daily Shot Brief – October 10th, 2019

Greetings,

 

The United States: Some economists are concerned that eroding corporate profit margins can push the US into recession.

Source: Société Générale, MarketWatch; Read full article

 

Asia-Pacific: Japanese companies do not have the leverage issue seen in much of the developed world.

Source: Oxford Economics

 

China: The renminbi has been whipsawed by trade-related news.

Source: The Daily Shot

 

Equities: US equities tend to perform well during ISM (Institute for Supply Management) contractions that do not result in a recession.

Source: Goldman Sachs

 

Credit: There has been an uptick in US corporate defaults over the past three quarters.

Source: Market Ethos, Richardson GMP

 

Food for Thought: The percentage of Americans who spend more than 10% of their incomes on health premiums:

Source: @axios; Read full article

 


Edited by Daniel Moskovits

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Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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