The Daily Shot Brief – August 22nd, 2023

Greetings,

 

The United States: While rents are down on a year-over-year basis, they continue to rise.

Source: realtor.com

 

Canada: Home prices are rebounding.

Source: Scotiabank Economics

 

China: Beijing managed to stabilize the renminbi.

Source: barchart.com
Source: @markets Read full article

 

Equities: A breakout in the 10-year Treasury yield is not always bearish for stocks.

Source: @jasongoepfert

 

Tech fund flows remain strong.

Source: Deutsche Bank Research

 

Global Developments: Rate expectations have declined more in the Eurozone and UK vs. the US.

Source: Oxford Economics

 

Food for Thought: 735 million people are facing hunger.

Source: @TheDailyShot

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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