The Daily Shot Brief – October 18th, 2018

Greetings,

 

The United States: Here is the progression of tariffs on Chinese imports (increasingly impacting consumer products).

Source: Scotiabank Economics

 

Rates: Here is an updated chart on Treasury holdings.

Source: Capital Economics

 

China: Deutsche Bank expects China’s current account balance to flip into deficit next year.

Source: Deutsche Bank Research

 

The Eurozone: When is the ECB’s “liftoff”?

Source: Deutsche Bank Research

 

Equities: While bank shares tend to trade with the slope of the yield curve, there doesn’t seem to be a direct relationship between the 10yr-2yr Treasury spread and net interest margins.

Source: Moody’s Investors Service

 

Credit: Which sectors had the highest increases in corporate debt?

Source: John Burns Real Estate Consulting

 

Emerging Markets: This chart provides a detailed history of EM crises by region and type.

Source: Capital Economics

 


Food for Thought: Old-age dependency ratio:

Source: Gavekal

 

 

 

Edited by Joseph 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.

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

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