The Daily Shot Brief – September 14th, 2020



United States: The US fiscal 2020 budget gap hit $3 trillion. The trajectory going forward will depend on whether we see a CARES 2 package.

Source: The Daily Shot

The good news is that the government’s interest burden is expected to decline over the next few years, helped by extraordinarily low Treasury yields.

Source: @markets Read full article


China: Bond yields continue to grind higher.

Source: The Daily Shot

The 10yr spread between China and the US hit a multi-year high.

Source: The Daily Shot


Energy: The Brent curve has been moving into contango, and floating storage activity is picking up again.

Source: The Daily Shot


Equities: How significant was Softbank’s options trading?

Source: @financialtimes Read full article


Credit: The global corporate debt market credit quality has been deteriorating over the past few decades.

Source: @financialtimes, h/t @ISABELNET_SA Read full article


Food For Thought: Apple vs. Android:

Source: Statista

Edited by Daniel Moskovits

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