The Daily Shot Brief – August 24th, 2021

Greetings,

Administrative Update

1. Please note that The Daily Shot will not be published on Friday, September 3rd and Monday, September 6th.

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United States: The Markit PMI report showed some pullback in business activity growth this month. The deceleration was particularly sharp in services as COVID cases climbed.

Source: Daily Shot

 

United Kingdom: Here is the Citi Economic Surprise Index.

Source: Daily Shot

 

Japan: The debt-to-GDP ratio is approaching 200% – well above other advanced economies.

Source: @WSJ Read full article

 

China: Rental yields are some of the lowest in the world due to elevated property prices.

Source: @bopinion Read full article

 

Energy: There hasn’t been much growth in US fracking operations.

Source: Rystad Energy; @HFI_Research

 

Food for Thought: Support for potential actions to keep prescription drug costs down:

Source: Evercore ISI

Edited by Devon Lall

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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