The Daily Shot Brief – October 7th, 2024

Greetings,

 

The United States: September job gains exceeded expectations, indicating that US economic activity remains strong.

Source: The Daily Shot
Source: Reuters

 

The United Kingdom: Employment indicators remain in contraction territory.

Source: S&P Global PMI

 

Commodities: Gold is pricing in deep Fed rate cuts.

Source: BofA Global Research; @dailychartbook

 

Equities: The S&P 500 equal-weighted index triggered a bullish upswing in momentum.

Source: SentimenTrader

 

Rates: The Fed’s emergency programs’ balances have been trending lower.

Source: @NickTimiraos

 

Food for Thought: US voter turnout is expected to reach record levels in 2024.

Source: MUFG Securities

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

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