The Daily Shot Brief – August 3rd, 2022



The United States: The real money supply (M2) is down sharply on a year-over-year basis.

Source: Daily Shot

This trend does not bode well for GDP growth.

Source: Deutsche Bank Research


The Eurozone: Electricity prices continue to hit record highs.

Source: Daily Shot


AsiaPacific: Japanese equities look attractive relative to the US.

Source: Alpine Macro


Emerging Markets: Producer prices are surging in South Africa.

Source: Daily Shot


Commodities: US lumber futures are trending lower amid weakness in the housing market.

Source: Daily Shot


Global Developments: July performance by asset class.

Source: BCA Research


Food for Thought: Lastly, let’s take a look at households’ excess savings by income.

Source: @WSJ Read full article


Edited by Alexander Bowers

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