The Daily Shot Brief – February 9th, 2023

Greetings,

 

The United States: In the housing market, inventories of construction materials are piling up. Here is the wholesale inventories-to-sales ratio.

Source: The Daily Shot

 

Business investment faces substantial headwinds. Here are capital goods orders vs. the ISM Manufacturing PMI new orders index.

Source: Variant Perception

 

The United Kingdom: The UK housing market continues to struggle.

Source: The Daily Shot
Source: Reuters  Read full article

 

Equities: Short-dated options volume is holding at record levels.

Source: Goldman Sachs; Simon White, Bloomberg Markets Live Blog

 

Credit: Investment-grade bond ETFs saw large inflows in January, alongside intermediate and long-duration government bonds.

Source: State Street Global Advisors  Read full article

 

Emerging Markets: Is there more downside risk for Indian equities?

Source: Alpine Macro

 

Australia: Following this week’s rate hike and hawkish comments, the market sees the RBA taking the cash rate above 4% at the July meeting.

Source: The Daily Shot

 

Food for Thought: Lastly, here is the religious makeup of the US Congress:

Source: Pew Research Center  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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