The Daily Shot Brief – July 17th, 2020



United States: The declines in initial jobless claims have stalled.

Source: The Daily Shot

The labor market recovery may take years.

Source: @ISABELNET_SA, @MorganStanley


United Kingdom: Unemployment claims declined in June.

Source: The Daily Shot

Remarkably, the unemployment rate is holding below 4%.

Source: The Daily Shot


Europe: Here are the Q2 GDP estimates by country.

Source: @ReutersGraphics


Equities: Here is the ratio of Nasdaq 100 to Russell 2000.

Source: @markets; Read full article


Credit: USD investment-grade bond yields keep hitting new lows, with the Bloomberg/Barclays index dipping below 2% for the first time. It’s an opportunity for companies to lock in record-low financing costs.

Source: The Daily Shot


Food For Thought: US advertising spending:

Source: @adam_tooze, The Economist; Read full article

Edited by Daniel Moskovits

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