The Daily Shot Brief – October 18th, 2017

Greetings,

 

The United States: US consumers still have not recovered from the 2008 economic shock. Discretionary service spending is improving much slower than during the previous cycles.

Source: @MKTWeconomics; Read full article

 

The Eurozone: Analysts continue to suggest that the euro is overvalued.

Source: BMI Research

 

China: China’s rising budget deficit (including state-owned enterprises) points to increased fiscal stimulus in recent years. Will this spending slow after the 19th Party Congress concludes?

Source: @Jkylebass

 

Equity Markets: More trading activity has shifted into the market’s close, as the mid-day volumes collapse.

Source: Credit Suisse

 

Japan: The nation’s potential economic growth is constrained by demographics as the working-age population shrinks.

Source: Moody’s Investors Service
Source: Moody’s Investors Service

 


Food for Thought:Could legalizing cannabis reduce opioid-related deaths?

Source: @PotResearch; Read full article

Edited by Joseph N Cohen


To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.

If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.

The Daily Shot Premium is also available online at DailyShotWSJ.com

If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to support@wsj.com.


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

Leave a Reply

Your email address will not be published. Required fields are marked *