The Daily Shot Brief – February 5th, 2024



The United States: The January jobs figure was almost twice the expected, challenging the narrative of a decelerating labor market.

Source: The Daily Shot


Wage growth unexpectedly accelerated, further spooking the markets.

Source: The Daily Shot


Equities: Global market breadth is holding up.

Source: MarketDesk Research


S&P 500 breadth and momentum are in the top quartile historically.

Source: Strategas Securities


Global Developments: January returns tend to set the tone for the remainder of the year.

Source: Mensur Pocini; Julius Baer  Read full article


Commodities: The VanEck Gold Miners ETF (GDX) is starting to outperform the SPDR Gold ETF (GLD).

Source: Aazan Habib, Paradigm Capital


Credit: Tighter lending standards point to further declines in commercial real estate prices.

Source: Deutsche Bank Research


Food for Thought: Box office tickets sold:

Source: @financialtimes  Read full article

Edited by William Villacis

Contact the Daily Shot Editor:

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

Leave a Reply