The Daily Shot Brief – July 19th, 2021

Greetings,

 

 

United States: The U. Michigan consumer sentiment report showed confidence deteriorating this month. Analysts have attributed this decline to higher prices and the loss of emergency unemployment benefits.

Source: Daily Shot

 

Europe: Germany’s two major parties continue to lose support.

Source: @BBGVisualData Read full article

 

China: China’s rebalancing toward the private sector continues.

Source: Matthews Asia

 

Equities: Companies with higher pricing power have been outperforming.

Source: @kgreifeld, @markets, @cfb_18 Read full article

 

Rates: New-issue Treasury demand seems to be moderating.

Source: Oxford Economics

 

Food for Thought: US home improvement store visits:

Source: Placer Labs

Edited by Richard Holmes

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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