The Daily Shot Brief – September 26th, 2018



The United States: Below is the Goldman Sachs Current Activity Indicator (CAI) heat map, which continues to show a divergence between “soft” and “hard” economic indicators.

Source: Goldman Sachs

We see a similar trend in the Economic Momentum Indicator from Oxford Economics.

Source: Oxford Economics


Global Developments: Global trade growth indicators continue to deteriorate.

Source: Capital Economics


China: Below is the breakdown of US imports from China that are getting hit by the latest round of tariffs.

Source: Moody’s Investors Service


The Eurozone: Here is Goldman’s GDP tracker for the Eurozone.

Source: Goldman Sachs


Equities: The US stock market is the only major asset class that made money this year.

Source: Gavekal, @nglinsman


Energy: Venezuela’s crude oil output is expected to keep deteriorating.

Source: Gavekal


Emerging Markets: This scatterplot shows private vs. public debt levels as a percentage of the GDP.

Source: Scotiabank Economics


Food for Thought: Social media platforms usage in the US:

Source: @conradhackett





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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