Greetings,
The United States: Here is the breakdown of US durable goods orders (reported on Wednesday).
The Eurozone: The probability of a rate hike by the end of next year is now below 30%.
Emerging Markets: With Germany tightening the financial screws on Turkey, the nation’s markets remain under pressure. At some point, the government’s belligerent behavior begins to take its toll.
Equity Markets: The percentage of US M&A transactions with EBITDA adjustments hit a record high.
Credit: Unitranche spreads in middle market financing are shrinking. This will impact direct lending funds and BDCs.
United Kingdom: This chart shows the gap between the poorest and the richest regions/states for select nations. The UK stands out.
Food for Thought: Cyber attacks by industry.
Edited by Joseph N Cohen
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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.
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