The Daily Shot Brief – July 12th, 2024

Greetings,

 

The United States: The CPI report surprised to the downside as inflation continued to cool in June, bolstering the case for rate cuts starting in September.

Source: The Daily Shot
Source: Reuters

 

The United Kingdom: The trade deficit narrowed.

Source: The Daily Shot

 

Cryptocurrency: Bitcoin is holding below its 200-day moving average.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Energy: Here is a look at US natural gas production.

Source: The Daily Shot

 

Equities: The CPI report triggered a rotation from tech mega-caps to other sectors.

Source: The Daily Shot

 

Credit: How do BDC portfolio loan yields compare to public market yields?

Source: Debtwire; @theleadleft

 

Food for Thought: States reporting the most burglaries:

Source: Omega Law Group

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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