The Daily Shot Brief – September 15th, 2020



United States: Analysts are starting to have doubts about a CARES 2 stimulus package this year. Here are the aggregate probabilities from superforecasters.

Source: Morgan Stanley


The concern is that cutting off the stimulus checks could reverse the recent economic gains. At this point, the recovery is already slowing, making it vulnerable to a shock.

Source: Oxford Economics


Europe: Switzerland’s central bank (SNB) continues to intervene in the currency markets (mostly buying euros).

Source: Daily Shot


Also, the full recovery in European flights is a long way off.

Source: @business Read full article


Emerging Markets: Which Asian economies rely most on tourism?

Source: Barclays Research


Commodities: Russia’s output has been well above the OPEC limit.

Source: @bopinion Read full article


Rates: Although money market funds have seen record inflows this year, flows have moderated in favor of bonds.

Source: Deutsche Bank Research


Food For Thought: Median household income by education:

Source: Moody’s Analytics

Edited by Devon Lall

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