The Daily Shot Brief – September 11th, 2018



The United States: The market reaction to Friday’s upside wage growth surprise was far more benign than after a similar report in February. Volatility across key markets has been flat since Friday.

Source: Credit Suisse


China: While China has a record trade surplus with the US, the nation runs a deficit with other major trading partners.

Source: Deutsche Bank Research


The Eurozone: Italian bond spreads to Germany have been tightening recently.

Source: The Daily Shot


Equity Markets: Americans with only a high-school education (or less) have soured on the stock market again.

Source: NY Fed


Global Developments: This chart shows the distribution of family-owned companies globally (“APxJ” = Asia-Pacific excluding Japan).

Source: Credit Suisse


Emerging Markets: The charts below show EM capital and portfolio flows.

Source: Moody’s Investors Service

However, a number of country/regional EM ETFs saw inflows last week.

Source: BlackRock


Food for Thought: The spread between Democrat and Republican Senate seats up for reelection:

Source: Deutsche Bank Research





Edited by Joseph Cohen

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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen),, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.

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