The Daily Shot Brief – August 6th, 2020

Greetings,

United States: The ADP private payrolls report surprised to the downside. Economists expected to see 1.2 million jobs created in July, but we got 167k.

Source: The Daily Shot

Here is the breakdown by sector.

Source: @markets Read full article

 

United Kingdom: The market continues to price in the possibility of negative rates in the UK.

Source: The Daily Shot

 

Energy: US demand for gasoline and refined products remains below the 5-year range.

Source: Princeton Energy Advisors

Refinery inputs continue to recover.

Source: Princeton Energy Advisors

 

Equities: FAANMG stocks are now worth $7 trillion – more than the financial, energy, industrial, and material sectors combined.

Source: @VincentDeluard

 

Global Developments: This heatmap shows mobility trends by country.

Source: Deutsche Bank Research

 

Food For Thought: Key issues for the US 2020 election:

Source: Morning Consult Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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