The Daily Shot Brief – September 24th, 2018



The United States: A 0.25% Fed rate hike this week is now fully priced into the market.

Source: @TheTerminal


The Asia – Pacific: South Korea has been losing market share to China in automobile exports to the US. With the new tariffs against China, however, South Korea could regain some ground.

Source: Thomas Costerg, Pictet Wealth Management


China: Demand for micro-EVs is outpacing the market for full-size electric vehicles.

Source:, h/t Paul Menestrier; Read full article


The Eurozone: Lending to households remains robust..

Source: Pantheon Macroeconomics


Equities: While many investors don’t want to face it, the escalating US-China trade war is not going away anytime soon.

Source: @WSJ; Read full article


Global Developments: Speculative accounts boosted their bets on the dollar last week.

Source: @Ole_S_Hansen


Emerging Markets: This chart shows the overall EM trailing price-to-earnings ratio vs. the S&P 500 (LTM = “last 12 months”). EM stocks haven’t been this undervalued relative to the US in quite a while.

Source: Deutsche Bank Research

Food for Thought: Colombian coca output:

Source: @sobata416; Read full article


Edited by Paul Menestrier

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