The Daily Shot Brief – October 3rd, 2017



The United States: Houston home sales seem to have recovered much quicker than those in New Orleans after Katrina.

Source: HomeLight
Source: HomeLight


Credit: Here is a summary of the September performance for major asset classes. The spread compression really stands out (“LOAS” = option-adjusted spread to LIBOR).

Source: FTN Financial


The United Kingdom: Theresa May wants to “have her cake and eat it too.” No other country currently has the arrangements with the EU that the UK wants to have.

Source: Moody’s Investors Service


Emerging Markets: Which currencies are undervalued and also can be a lucrative carry trade?

Source: Goldman Sachs, @joshdigga


The Eurozone: Germany’s manufacturing activity is expanding at the fastest rate since 2011.



Equity Markets: Stocks have been highly correlated with Treasury yields recently.

Source: Credit Suisse


Food for Thought: What’s higher education worth? Depends on the country.

Source: @MikaelSarwe, @josephncohen

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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