The Daily Shot Brief – October 12th, 2017



Credit: Puerto Rico’s general obligation debt took another leg down.


Here are the updated Moody’s ratings for each state’s general obligation debt.

Source: Moody’s Investors Service

Europe: The Catalonia jitters had generated record levels of trading in Spanish government bonds.

Source: Tradeweb, h/t J. Roderick; Read full article

But the concerns appear to be easing now as the bond curve flattens (investors roll into longer maturities).



Asia: This chart compares the internet penetration by age group between China and the US.

Source: @craigbuj, @josephncohen; Read full article


Emerging Markets: Overall, EM shares continue to advance.


And EM corporate high-yield bonds have become quite popular.

Source: @jessefelder; Read full article


Equity Markets: The semiconductor sector is having an amazing year.


There is more pain in the retail sector.


Food for Thought: Paper money transaction volume is shrinking (relative to total transactions).

Source: Moody’s Investors Service

The age distribution for US religious groups.

Source: @pewresearch, @josephncohen; Read full article

Edited by Paul Menestrier

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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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