The Daily Shot Brief – February 24th, 2023

Greetings,

 

The United States: Final sales to private domestic purchasers, the “core” GDP was almost flat last quarter.

Source: The Daily Shot

 

Equities: Hedge funds are shorting expensive/unprofitable tech shares again.

Source: Morgan Stanley Research; @luwangnyc, @markets

 

The United Kingdom: Consumer confidence is rebounding from the lows.

Source: The Daily Shot

 

Energy: US gasoline demand is rebounding.

Source: The Daily Shot

 

Rates: The US inflation curve is now deeply inverted as near-term inflation expectations surge.

Source: Simon White, Bloomberg Markets Live Blog

 

Japan: The core CPI hit a multi-decade high.

Source: The Daily Shot

 

Food for Thought: Military spending in select countries:

Source: Alpine Macro

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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