The Daily Shot Brief – December 5th, 2022



The United States: Labor force participation declined again, including prime-age workers, which could contribute to faster wage growth. This is not the trend the Fed wants to see.

Source: Daily Shot

Given the recent improvement in US financial conditions, we could see the Fed’s terminal rate move higher.

Source: Daily Shot


The Eurozone: Despite signs of inflation peaking, the expected ECB terminal rate appears to be too low to tame inflation.

Source: Nordea Markets


China: Stocks are surging as foreign capital returns – driven by easing lockdowns.

Source: Daily Shot


Emerging Markets: India has increasingly become a lender to other countries.

Source: @financialtimes Read full article


Commodities: Iron ore and other industrial commodities are rebounding on “China reopening” expectations.

Source: Daily Shot


Equities: The Dow’s outperformance vs. the S&P 500 hasn’t been this large since the 1930s.

Source: @WSJ Read full article


Food for Thought: The Rolex Price Index suggests that the luxury watch market may be bottoming.

Source: WatchEnthusiasts


Edited by Alexander Bowers

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