The Daily Shot Brief – August 23rd, 2022



The United States: To begin, the probability of a 75 bps rate hike in September is near 70% as Fed officials strike a hawkish tone.

Source: The Daily Shot


Looking at inflation, slower gains in China’s producer prices should help ease US consumer inflation.

Source: Alpine Macro


China: Business activity in China is still in contraction according to the August World Economics SMI report.

Source: World Economics


The Eurozone: Euro-area inflation will remain elevated for some time with energy being a significant contributor.

Source: Barclays Research


Energy: European electricity prices have gone vertical.

Source: The Daily Shot


Equities: Professional investors remain concerned about rates, buying puts on interest-rate-sensitive names over the past few weeks.

Source: @vandaresearch


This chart illustrates the exposure to labor costs by sector.

Source: Goldman Sachs; @patrick_saner


Food for Thought: Lastly, here is US meat consumption over time:

Source: @chartdaily  Read full article

Edited by William Villacis

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