The Daily Shot Brief – July 28th, 2022



The United States: As expected, the Fed raised rates by 75 bps. However, the market interpreted Powell’s comments as being a bit on the dovish side, with rising hope that economic slowdown will force the Fed to pause rate hikes after September’s meeting.

Source: Daily Shot

Inflation expectations jumped in response to the supposedly “friendlier” Federal Reserve.

Source: Daily Shot


Emerging Markets: Is Pakistan headed for default? The sovereign credit default swap spread has blown out.

Source: Daily Shot
Source: Bloomberg Read full article


Commodities: Bloomberg’s broad commodity index is rebounding as the US dollar rally stalls.

Source: Daily Shot


Equities: Growth stocks underperform value and cyclical stocks when commodity prices are rising.

Source: Alpine Macro

Options on VIX have been getting cheaper as investors give up bets on big shifts in volatility.

Source: Daily Shot


Global Developments: The World Economics SMI report points to a contraction in global business activity this month.

Source: World Economics


Food for Thought: Let’s take a look at global plastic waste by category.

Source: Statista


Edited by Alexander Bowers

Contact the Daily Shot Editor:

If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply