The Daily Shot Brief – February 1st, 2024



The United States: Challenges facing New York Community Bancorp have reignited worries about the stability of smaller regional banks.

Source: The Daily Shot
Source: MarketWatch  Read full article


Credit: In addition to worries about office debt exposure at US small/regional banks, investors see potential issues with underwater bond portfolios.

Source: FDIC


Europe: Based on current earnings yields, European stocks are very attractive relative to the US.

Source: @TheTerminal, Bloomberg Finance L.P. h/t John Authers


Commodities: Gold demand growth in the OTC market was very strong last year.

Source: @markets  Read full article


China: Beijing is taking measures to tackle the risks in China’s rural banking sector, characterized by high nonperforming loan ratios.

Source: @business  Read full article
Source: @business  Read full article


Cryptocurrency: Bitcoin gave up most of its early-January gains, while Bitcoin Cash (BCH) lagged behind major cryptos.

Source: FinViz


Food for Thought: Digital services exports:

Source: IMF  Read full article

Edited by William Villacis

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