The Daily Shot Brief – May 13th, 2025

Greetings,

 

The United States: Treasury yields rose sharply in response to the tariff relief announcement.

Source: TheDailyShot

 

Canada: The loonie stabilized at the 200-day moving average.

Source: TheDailyShot

 

Europe: The market is now pricing less than two additional ECB rate cuts in 2025.

Source: @TheTerminal, Bloomberg Finance L.P.

 

China: State-controlled institutions have been buying up equity ETFs to support the market.

Source: Goldman Sachs; @WallStJesus

 

Commodities: In recent months, gold ETF inflows have accelerated, with Asia emerging as a more prominent contributor alongside North America.

Source: Morgan Stanley Research; @WallStJesus

 

Equities: Stocks surged in response to the US-China tariff reduction agreement.

Source: TheDailyShot
Source: Bloomberg   Read full article   

 

Food for Thought: Share of payments made by check in the US by age group:

Source: @financialtimes   Read full article   

Edited by Abraham Lent

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 12th, 2025

Greetings,

 

The United States: More home sellers are cutting prices.

Source: Realtor.com

 

Europe: Here is a look at the government debt to GDP ratio by EU country in Q4 2024.

Source: Eurostat

 

Asia-Pacific: South Korea’s exports slowed sharply in the first ten days of May.

Source: The Daily Shot

 

China: Bond yields are higher on the tariff reduction news.

Source: The Daily Shot

 

Equities: Goldman’s positioning indicator, deeply in negative territory, suggests there is room for stocks to rally.

Source: Goldman Sachs; @MikeZaccardi

 

Credit: BofA’s private clients have been exiting leveraged finance assets.

Source: BofA Global Research

 

Food for Thought: US abortion-ban status by state:

Source: The Economist

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 9th, 2025

Greetings,

 

The United States: Initial jobless claims fell back to last year’s levels following the prior week’s NYC-related distortion.

Source: The Daily Shot

 

The United Kingdom: Corporate inflation expectations eased last month.

Source: The Daily Shot

 

Asia-Pacific: Taiwan’s exports remained robust in April.

Source: The Daily Shot

 

Cryptocurrency: Bitcoin has surged past $100k.

Source: The Daily Shot
Source: Reuters

 

Equities: This chart illustrates cumulative flows into US equity funds since 2007, highlighting a dramatic surge of $1.3 trillion since 2020.

Source: BofA Global Research

 

Rates: The percentage of indirect bidders (usually foreign institutions) at this week’s 30-year bond auction hit the lowest level in years.

Source: The Daily Shot

 

Food for Thought: Most frequently chosen papal names in history:

Source: Reuters

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 8th, 2025

Greetings,

 

The United States: Below are some updates on the housing market.

Mortgage applications increased last week.

Source: TheDailyShot

 

Here is the rate lock count.

Source: AEI Housing Center

 

The United Kingdom: Cooling inflation, especially from a stronger pound, could encourage the BoE to cut rates.

Source: MRB Partners

 

China: FX reserves have been climbing this year.

Source: TheDailyShot

 

Energy: US crude oil inventories fell last week, while refined products posted mixed results.

Source: TheDailyShot

 

Equities: Retail purchases of stocks and ETFs declined from their April peak, when buy-the-dip enthusiasm had fueled a surge in retail buying amid the tariffs-driven selloff.

Source: Vanda Research

 

RatesThe 10-year Treasury note is entering a seasonally strong period.

Source: @Callum_Thomas

 

Food for Thought: US pharmaceutical imports by country:

Source: @chartrdaily

 


Edited by Abraham Lent

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 7th, 2025

Greetings,

 

The United States: The total US trade deficit reached a record $140.5 billion in March, driven by tariff frontrunning and weaker service exports.

Source: @TheTerminal, Bloomberg Finance L.P.

 

The Eurozone: The slump in Germany’s construction activity is easing.

Source: The Daily Shot

 

Asia-Pacific: Taiwan’s FX reserves hit a record high in April amid capital inflows.

Source: The Daily Shot

 

India: Here is a look at active military personnel in both countries.

Source: Bloomberg

 

Commodities: CTAs have steadily increased their exposure to gold.

Source: Menthor Q

 

Equities: Here is a look at hedge funds’ trading flows by sector.

Source: Goldman Sachs; @Mayhem4Markets

 

Food for Thought: Life evaluation trends in OECD countries with the largest declines:

Source: The Economist

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 6th, 2025

Greetings,

 

The United States: Both business optimism and capital spending expectations have plunged, marking one of the steepest two-month declines since the pandemic.

Source: Goldman Sachs; @GunjanJS

 

The Eurozone: Investor sentiment improved this month.

Source: TheDailyShot

 

Asia-Pacific: VC funding for South Korean startups has steadily declined since the 2020s’ peak.

Source: PitchBook

 

Cryptocurrency: BTC/USD is declining from a key resistance zone.

Source: TheDailyShot

 

Commodities: US corn futures are under pressure.

Source: TheDailyShot

 

Equities: The S&P 500’s recent trajectory has converged with the historical median for 10% corrections, but the path forward increasingly hinges on recession risk. Historically, markets recover sharply in the absence of a downturn, while recession-linked corrections tend to deepen and persist.

Source: Goldman Sachs; @WallStJesus

 

Food for Thought: US imports of movie and TV production services by region:

Source: @MaevaDebarge, @TheTerminal, Bloomberg Finance L.P.

 


Edited by Abraham Lent

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 5th, 2025

Greetings,

 

The United States: The link between inflation and wages has improved after a dormant period since the late 1990s.

Source: Oxford Economics

 

The Eurozone: The Bloomberg Economics ECB Sentiment Index (based on natural language processing) remains in dovish territory.

Source: Bloomberg

 

China: The renminbi has been strengthening.

Source: TheDailyShot

 

Commodities: Traders are boosting their bets on soybean futures.

Source: TheDailyShot

 

Equities: The Nasdaq 100 is testing resistance at the 200-day moving average.

Source: TheDailyShot

 

Global Developments: The global stock/bond ratio has stabilized after reaching oversold levels.

Source: MRB Partners

 

Food for Thought: US car sales by production origin and automaker:

Source: The Economist  Read full article

 


Edited by Abraham Lent

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 2nd, 2025

Greetings,

 

The United States: Cost pressures persist.

Source: The Daily Shot

 

The United Kingdom: Consumer credit growth slowed.

Source: The Daily Shot

 

Europe: Poland’s inflation is slowing.

Source: The Daily Shot

 

Cryptocurrency: Most altcoins have underperformed BTC over the past three months.

Source: Blockchain Center

 

Equities: The S&P 500 winning streak continues.

Source: The Daily Shot

 

Credit: Investors are returning to corporate high-yield funds.

Source: BofA Global Research

 

Food for Thought: Performance scores of top US and Chinese AI models:

Source: J.P. Morgan Asset Management

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – May 1st, 2025

Greetings,

 

The United States: US GDP contracted in the first quarter, driven by a sharp surge in imports ahead of impending tariffs.

Source: TheDailyShot
Source: TheDailyShot

 

Canada: Canada’s GDP unexpectedly declined in February, but projections show a small rebound in March.

Source: TheDailyShot
Source: Reuters Read full article

 

Japan: BoJ rate hike expectations tumbled.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Commodities: Gold is off the highs.

Source: TheDailyShot

 

Equities: Stock futures are up this morning.

Source: TheDailyShot

 

Global Developments: The dollar has declined more than interest rate differentials alone would suggest.

Source: J.P. Morgan Asset Management

 

Food for Thought: Daily personal income in 2024 by country for the poorest and richest 10%:

Source: Visual Capitalist Read full article

 


Edited by Abraham Lent

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




 

The Daily Shot Brief – April 30th, 2025

Greetings,

 

The United States: Job openings declined further in March, falling short of expectations.

Source: The Daily Shot
Source: @economics

 

Europe: Here is a look at nuclear energy output across Europe.

Source: Eurostat

 

The United Kingdom: Home prices unexpectedly declined this month.

Source: The Daily Shot

 

Emerging Markets: Thailand’s central bank cut rates again.

Source: The Daily Shot

 

Commodities: Retail purchases of gold in Asia surged over the past 12 months.

Source: Simon White, Bloomberg Markets Live Blog

 

Equities: US consumers showed a dramatic shift in their outlook on the stock market in April.

Source: The Daily Shot

 

Food for Thought: Distribution of CEO pay for S&P 500 firms from 2020 to 2024:

Source: @WSJ

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com