The Daily Shot Brief – October 31st, 2017



The United States: Here is the breakdown of the US GDP growth over time. Note that “private investment” includes changes in inventories.

Source: @LoganMohtashami; Read full article

Looking at the fourth quarter, below is the starting point (green) for the Atlanta Fed’s GDPNow model forecast: 2.9%.

Source: @AtlantaFed; Read full article


The Eurozone: Real rate differentials with the US continue to suggest that the euro is overvalued.

Source: BMI Research


Emerging Markets: Banks have been getting cautious on extending credit to Brazilian municipalities.

Source: Moody’s Investors Service


Equity Markets: The market is still hungry for IPOs as the post-IPO basket of stocks outperforms.

Source: The Daily Shot


Credit: Trading volumes in credit ETFs (as well as some other sectors) have been declining. Here is the HYG (iShares High-Yield Corp. Bond ETF) volume, for example.

Source: @lisaabramowicz1


Food for Thought: The cost of iPhone X as a proportion of average wages.

Source: @WhatILearnedTW, @qz; Read full article

Edited by Joseph N Cohen

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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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