The Daily Shot Brief – February 2nd, 2024



The United States: The ISM Manufacturing PMI showed improvement in January, signaling a possible conclusion to the nation’s manufacturing slump.

Source: The Daily Shot


The United Kingdom: Inflation expectations continue to ease.

Source: The Daily Shot


China: Flows into China-focused equity funds have surged in recent weeks.

Source: BofA Global Research


Commodities: Cocoa prices continue to hit muli-decade highs.

Source: The Daily Shot


Energy: Brent crude is back below $80/bbl.

Source: @TheTerminal, Bloomberg Finance L.P.
Source: Reuters


Equities: Generally, the S&P 500 has a negative correlation with the Goldman US Financial Conditions Index.

Source: Stifel


Food for Thought: The middle class vs. the top 1%.

Source: USA Today


Edited by Josh Oldmixon

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