The Daily Shot Brief – September 26th, 2018

Greetings,

 

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), 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/


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