Greetings,
The United States: Google search frequency for home financing continues to drift lower.
Rates: Here is an updated FOMC dove-hawk spectrum.
China: China’s domestic liquidity has contracted. Will we see interbank rates spike as we approach the year-end?
The Eurozone: Based on the current spread levels, Italian debt should be in junk territory.
Equities: How has investors’ allocation to stocks changed under different rate regimes?
Global Developments: This graphic shows the number of countries with accelerating growth, slowing growth, and economic contraction.
Emerging Markets: Argentina’s massive currency devaluation ended up balancing its trade with Brazil.
Food for Thought: The level of “establishment” vs. “progressivity” among potential 2020 Democratic presidential candidates:
Edited by Joseph 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