The Daily Shot Brief – July 12th, 2022

Greetings,

 

The United States: First, the yield curve inversion hit the worst level since 2006.

Source: The Daily Shot

 

Looking at the labor market, the NY Fed’s national survey signals increasing concerns about employment, especially among Americans with a college degree.

Source: NY Fed

 

The Eurozone: Chinese demand for Eurozone goods has waned at the same time Eurozone import prices for Russian energy have surged (boosting trade deficit).

Source: PGM Global

 

China: Aggregate financing was well above forecasts as Beijing tries to accelerate economic growth after the lockdowns.

Source: The Daily Shot

 

Equities: At current valuations, small-cap returns could be attractive over the next decade.

Source: BofA Global Research; @MikeZaccardi

 

Rates: The 20yr Treasury yield is dislocated (investors looking for liquidity prefer the 10yr or the long bond).

Source: The Daily Shot
Source: Bloomberg Law  Read full article

 

Food for Thought: Lastly, here are countries’ wealth and importance of religion:

Source: Pew Research Center  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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