Greetings,
Equities: This scatterplot shows the average earnings surprise for Q2 vs. the year-over-year earnings growth rate (by sector).
Rates: SOMA securities purchases over time:
Will slower growth in the Fed’s balance sheet boost the dollar?
Emerging Markets: Which bonds are most vulnerable to global inflation?
United States: Many homeowners are getting forbearance extensions:
The spike in mortgage applications points to further increases in new home sales.
Global Developments: This chart shows bank lending standards for advanced economies.
Food For Thought: How would you spend additional fiscal stimulus?
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
Dear Friends,
The full-length Daily Shot® is now an independent ad-free publication (see TheDailyShot.com). Here is a sample newsletter.
Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount). To subscribe, please register here and use the coupon number DSB329075 (please click the “apply” button for the discount to take effect). A monthly subscription is also available (here).
The Food for Thought section is available as a separate newsletter. You can sign up here.
Please note that The Daily Shot is not an investment newsletter and is not intended for broad distribution.
If you have any questions, please contact Lev.Borodovsky@TheDailyShot.com.
Sincerely,
Lev Borodovsky
Editor, The Daily Shot