The Daily Shot Brief – July 26th, 2024

Greetings,

 

The United States: Consumer spending and business investment strengthened.

Source: The Daily Shot

 

The United Kingdom: The Citi UK Economic Surprise Index is significantly higher than its US counterpart.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Cryptocurrency: Bitcoin’s correlation with stocks has turned negative.

Source: @markets

 

Energy: Crude oil implied volatility remains low.

Source: Goldman Sachs; @MikeZaccardi

 

Equities: This chart shows the rotation from the current tech sell-off, which started on July 11th.

Source: Deutsche Bank Research

 

Credit: How might various asset classes perform in soft landing or recession scenarios?

Source: BCA Research

 

Food for Thought: The median age of US homebuyers:

Source: Torsten Slok, Apollo

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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