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The United States: Economists upgraded their forecasts for next year’s GDP growth, with no recession expected over the next few quarters.
Source: The Daily Shot
US financial conditions eased sharply this month , with the largest monthly decline in Goldman’s indicator in recent decades.
Source: The Daily Shot
Cryptocurrency: Roughly 83% of the total BTC circulating supply is held in profit, similar to the 2021 bull market highs.
Source: Glassnode Read full article
Equities: Here are sector earnings growth expectations for 2024.
Source: Citi Private Bank
32% of large-cap mutual funds outperformed their benchmarks this year, with underperformance driven by underallocation to tech megacaps.
Source: Goldman Sachs @MikeZaccardi
Commodities: Iron ore prices extended losses as Beijing jawbones the commodity lower.
Source: The Daily Shot
Emerging Markets: India’s fiscal deficit is on a downward trend.
Source: Barclays Research
F ood for Thought: Members of Congress not seeking re-election:
Source: @axios Read full article
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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