The Daily Shot Brief – November 7th, 2018

By The Daily Shot

Greetings,

The United States: The US agricultural sentiment index (Ag Economy Barometer) improved in October on hopes that the NAFTA 2.0 deal will ease trade tensions.

Source: Purdue University/CME Group Ag Economy Barometer

 

China:Goldman’s money-supply indicator for China has diverged from the nation’s credit growth.

Continue reading The Daily Shot Brief – November 7th, 2018

The Daily Shot Brief – November 3rd, 2018

By The Daily Shot

Greetings,

The United States: This chart shows the difference between CEOs’ future expectations and their assessment of the present situation. The second chart has the same measure for the consumer.

Source: Gavekal

 

China: The Caixin/Markit Composite PMI (manufacturing + services) is approaching 50 (business activity growth is stalling).

Continue reading The Daily Shot Brief – November 3rd, 2018

The Daily Shot Brief – October 30th, 2018

By The Daily Shot

Greetings,

The United States: This chart shows the government’s contribution to the GDP growth (federal, state and local).

Source: Brookings, Cantor Fitzgerald Market Strategy Team

Global Developments: Here is TD’s global macro risks index.

Source: TD Securities

China: The Q4 GDP growth is shaping up to be disappointing (as tariffs hit).

Continue reading The Daily Shot Brief – October 30th, 2018

The Daily Shot Brief – October 26th, 2018

By The Daily Shot

Greetings,

The United States: Do rising wages boost inflation? The link is now much weaker than in the past.

Source: @ernietedeschi

Global Developments: When markets’ long-term expectations of rates meet the Fed’s long-term policy rate projections, stock market volatility ensues.

Source: IIF

China: Inflows into China’s domestic bond markets have slowed sharply.

Continue reading The Daily Shot Brief – October 26th, 2018