The Daily Shot Brief – July 18th, 2023

Greetings,

 

The United States: The stock market continues to signal a rebound in US manufacturing activity.

Source: The Daily Shot

 

The drop in federal government receipts looks recessionary.

Source: Piper Sandler

 

Equities:  According to BofA’s fund manager survey, the disparity in sentiment between institutional and retail investors has reached unprecedented levels.

Source: BofA Global Research

 

This chart illustrates this year’s improvement in breadth.

Source: S&P Dow Jones Indices

 

The Eurozone:  The gap between the euro-area and US economic surprises hit extreme levels.

Source: BCA Research

 

Commodities: US pork belly prices are surging.

Source: The Daily Shot

 

Cryptocurrency: Bitcoin is testing support at 30k.

Source: The Daily Shot

 

Food for Thought: Here are groups for which prescribed medications were considered too expensive to take:

Source: @TheDailyShot

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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