The Daily Shot Brief – January 23rd, 2024

Greetings,

 

The United States: The Conference Board’s US leading index experienced another decline last month, albeit a smaller decrease than anticipated.

Source: The Daily Shot

 

The index has never experienced such a large 6-month decline without a recession.

Source: @TheTerminal, Bloomberg Finance L.P.

 

The Eurozone: What should we expect from the ECB this week? Here are some scenarios, including market impact (from ING).

Source: ING

 

Energy: Oil prices climbed amid Middle East tensions on Monday, with Brent now firmly above its 50-day moving average.

Source: The Daily Shot
Source: @markets  Read full article

 

Equities: The Dow climbed above 38k for the first time.

Source: The Daily Shot

 

With short-term rates above 5%, using in-the-money stock options for interest rate arb is popular again.

Source: @markets  Read full article

 

Global Developments: Container ship capacity is expected to surge this year.

Source: Commerzbank Research

 

Food for Thought: Tax revenue as a percentage of GDP:

Source: @WSJ  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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