The Daily Shot Brief – October 9th, 2019



The United States: Lower interest rates have been helpful for consumption. Interest-sensitive durable goods (products that do not wear out in a short time like food) are having a larger contribution to US consumer spending.

Source: Morgan Stanley Research


The United Kingdom: The UK’s productivity has been lagging.

Source: @financialtimes; Read full article


The Eurozone: Germany’s industrial production appears to show some stabilization.

Source: Goldman Sachs


Equities: The S&P 500 appears to be fairly valued based on current inflation (as long as the CPI remains positive).

Source: SunTrust Private Wealth Management


Global Developments: This chart shows the Oxford Economics estimates of the US fiscal multiplier effects on the global economy. The fiscal multiplier is, in simplified terms, how much of an increase on Gross Domestic Product (GDP) is caused by $1 of tax cuts. Read more about it here.

Source: Oxford Economics


Food for Thought: President Trump’s Twitter activity:

Source: Statista

Edited by Devon Lall

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