The Daily Shot Brief – August 9th, 2024

Greetings,

 

The United States: Initial jobless claims eased last week, alleviating concerns about labor market weakness and recession risks.

Source: The Daily Shot

 

Japan: Nonetheless, retail investors have been buying Japanese shares.

Source: @markets

 

Energy: US market-based inflation expectations are highly correlated to crude oil prices.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Equities: Thursday was a good day for US stocks as initial jobless claims alleviated some concerns about labor market weakness and recession risks.

Source: The Daily Shot

 

Global Developments: How did DM currencies perform on Thursday?

Source: The Daily Shot

 

Food for Thought: Underwater mortgages:

Source: @economics

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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