The Daily Shot Brief – January 3rd, 2023

Greetings,

 

The United States: The number of states with negative growth is now at the level that signals a recession.

Source: St. Louis Fed  Further reading

 

Equities: 2022 saw the largest annual decline for the S&P 500 since 2008.

Source: @bespokeinvest

 

Back-to-back annual losses are rare, but the odds of the bear market continuing remain elevated, according to MarketDesk Research.

Source: MarketDesk Research

 

The Eurozone: The sharp decline in the M1 (narrow) money supply growth points to downside risks for business activity.

Source: Pantheon Macroeconomics

 

Asia – Pacific: The pace of Taiwan’s manufacturing sector contraction has softened.

Source: S&P Global PMI

 

Emerging Markets: EM previously led global equity rallies after recessions.

Source: Mirae Asset  Read full article

 

Global Developments: M&A activity slowed sharply as 2022 progressed.

Source: S&P Global Market Intelligence

 

Food for Thought: To conclude, here is a map showing where yellow or white light is more commonly used:

Source: @loverofgeography

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