The Daily Shot Brief – July 10th, 2020



United States: Another 1.4 million Americans filed for unemployment benefits last week.

Source: The Daily Shot

While the headline initial claims figure has been gradually moderating, the situation is more troubling when the Pandemic Unemployment Assistance (PUA) program is taken into account.

Source: Oxford Economics


The number of European “zombie” companies is on the rise.

Source: BofA Merrill Lynch Global Research, @jsblokland


China: The market fear/greed indicator is deep in greed territory.

Source: @markets; Read full article


Energy: US crude oil inventories remain elevated.

Source: EIA

But gasoline stockpiles (measured in days of supply) keep falling.

Source: EIA


Credit: US investment-grade corporate spreads continue to tighten.

Source: The Daily Shot


Food For Thought: SNAP participation:

Source: @markets; Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor:


Leave a Reply