The Daily Shot Brief – January 2nd, 2019

By The Daily Shot

Greetings,

The United States: As a result of tighter financial conditions, lower inflation expectations, and soft economic data, markets are now pricing in an 89% probability that the Fed will not hike rates this year (and may even lower them). Note that the FOMC is forecasting two rate increases. The Fed’s rate trajectory will likely depend on the outcome of the US-China trade negotiations.

Source: @TheTerminal

 

China: Industrial profits are trending lower.

Continue reading The Daily Shot Brief – January 2nd, 2019