The Daily Shot Brief – August 18th, 2020


United States: Will another CARES package thrust the nation’s budget deficit to a new record?

Source: Morgan Stanley Research


Search activity trends for rentals vs. real estate listings have diverged. Moreover, many of the rental searches are for single-family homes in the suburbs.

Source: Arbor Research & Trading


Eurozone: Economists are concerned that the rebound is stalling as high-frequency indicators flatten out.

Source: @business Read full article


Worried about the economic outlook, euro-area loan officers are tightening credit standards.

Source: Pantheon Macroeconomics


China: More US firms are moving operations out of China (but not to the US).

Source: Statista


Energy: Energy-sector insiders have been buying shares.

Source: @sentimentrader


Also, renewable diesel consumption keeps climbing.

Source: @WSJ Read full article


Equities: The 2020 election premium priced into the volatility markets remains elevated.

Source: @WSJ Read full article


These charts show the 30-day market moves implied by the VIX futures curve.

Source: Morgan Stanley Research


Food For Thought: The Biden-Trump poll:

Source: @WSJ Read full article

Edited by Devon Lall

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