The Daily Shot Brief – August 1st, 2022

Greetings,   The United States: Consumer spending growth is below the pre-COVID trend but is not crashing. Households continue to spend despite deteriorating sentiment.   Asia-Pacific: Taiwanese and South Korean equity markets are pricing in a deep slump in global chip sales.   China: US-listed Chinese shares are struggling.   Cryptocurrency: July was a strong month for cryptos, …