The United States: Will the yield curve inversion boost the odds of a recession? Below is the latest survey result from the WSJ.
The United Kingdom: A “hard Brexit” economic shock could devastate the UK’s property market.
China: China’s P2P lending activity continues to slow.
The Eurozone: Wage indicators across the Eurozone are climbing.
Equity Markets: Here is a trip down a memory lane. By the end of 2008, financials had lost 60% over a two-year period. The broader market was down over 34%.
Credit: High-yield bond spreads continue to tighten.
Emerging Markets: 19 out of 23 EM equity indices are below the 50- and the 200-day moving averages.
Food for Thought: Electric vehicle sales:
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.
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