The Daily Shot Brief – August 26th, 2022



The United States: Q2 GDP growth was revised higher.

Source: Daily Shot

This revision is due to a boost from initially reported consumer spending.

Source: Daily Shot


China:  According to Gavekal Research, developers’ onshore debt extensions have been rapidly accumulating. Next year’s maturity wall looks alarming.

Source: Gavekal Research Read full article


Energy: US frackers are expected to make $200 billion this year.

Source: @jessefelder, Bloomberg Read full article


Equities:  Corporate margins hit a multi-decade high last quarter.

Source: Bloomberg Read full article

Hedge funds’ favorite long picks have significantly underperformed their short picks over the past 12 months.

Source: Daily Shot


Global Developments: The US dollar appears to be overbought.

Source: BCA Research


Food for Thought: Here’s a look at stay-at-home stocks.

Source: @axios Read full article


Edited by Alexander Bowers

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