The Daily Shot Brief – August 10th, 2020

Dear Friends,

The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter.

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Sincerely,

Lev Borodovsky
Editor, The Daily Shot


Greetings,

United States: Let’s begin with Friday’s payrolls report, which topped economists’ forecasts.

Source: The Daily Shot

Low-wage sectors are leading the rebound.

Source: Morgan Stanley Research

 

Eurozone: Speculative bets on the euro are hitting record highs. A crowded trade?

Source: The Daily Shot

The euro is at a downtrend resistance.

Source: @AndreasSteno Read full article

 

Commodities: This chart shows the option-implied probability distribution of gold prices.

Source: @ISABELNET_SA, @MorganStanley

 

Equities: Analysts are increasing EPS estimates for S&P 500 companies.

Source: @FactSet Read full article

 

Credit: US business loan balances at banks keep shrinking.

Source: The Daily Shot

 

Food For Thought: Income, consumption, and savings, by income category:

Source: SOM Macro Strategies

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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