The Daily Shot Brief – August 7th, 2023

Greetings,

 

The United States: The unemployment rate declined, suggesting that the labor market remains tight.

Source: The Daily Shot

 

The United Kingdom: Government debt service costs are elevated.

Source: Gavekal Research

 

China: It takes an increasingly larger investment to achieve the same level of output.

Source: BCA Research

 

Cryptocurrency: Crypto exchanges experienced a drop in trading volume this year, especially Bittrex and Binance.

Source: @KaikoData

 

Energy: US rig count continues to trend lower.

Source: The Daily Shot

 

Equities: Hedge funds boosted their bets against Nasdaq futures last week.

Source: The Daily Shot

 

Food for Thought: SpaceX valuation:

Source: @chartrdaily

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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