The Daily Shot Brief – September 27th, 2017

Greetings,

 

The United States: This chart is a bit dated, but it breaks down the reasons why some prime-age men are not working. As discussed previously (#3 here), male participation rates are not improving much.

Source: @NickTimiraos, @swinshi, @josephncohen; Read full article

 

Credit: This chart shows corporate leverage levels (debt/EBITDA) by industry and rating.

Source: Moody’s Investors Service

 

Rates: Goldman’s forecast for the overnight rate trajectory is much steeper than the market or the FOMC. That’s driven by their outlook for unemployment and inflation.

Source: Goldman Sachs, @joshdigga

 

Energy Markets: Americans continue to enjoy cheap natural gas.

Source: Goldman Sachs, @joshdigga

 

The United Kingdom: Who owns UK stocks? (The red portion is the government’s ownership of bailed out banks.)

Source: Goldman Sachs, @joshdigga

 

Emerging Markets: There have been outflows from EM debt funds, but stocks continue to see inflows.

Source: @IIF, @josephncohen

 

The Eurozone: Some traders are now focused on the growing rate differential between the Eurozone and the US.

Source: BMI Research

 

Equity Markets: Which industries experience the highest revenue volatility?

Source: Moody’s Investors Service

 


Food for Thought: People hate pop-up ads.

Source: @axios; Read full article

Edited by Joseph N 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

Leave a Reply

Your email address will not be published. Required fields are marked *