The Daily Shot Brief – February 19th, 2024

Greetings,

 

The United States: The January report on producer prices surpassed expectations, with the increase fueled by consumer-facing services sectors.

Source: The Daily Shot
Source: Reuters  Read full article

 

Europe: Sweden’s core inflation for January matched projections, reflecting an ongoing moderation in the pace of price increases.

Source: The Daily Shot

 

China: State-owned entities continue to bail out the stock market:

– Domestic ETF flows:

Source: Goldman Sachs; @MikeZaccardi

 

– Beijing-ordered share buybacks:

Source: Gavekal Research

 

Asia-Pacific: Japan’s shares keep outperforming.

Source: @markets  Read full article

 

Equities: Goldman boosted its target for the S&P 500 this year.

Source: Goldman Sachs; @Mike Zaccardi

 

Commodities: The cocoa rally is fading.

Source: The Daily Shot

 

Food for Thought: Risks most likely to present a crisis on a global scale:

Source: WEF  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply