The Daily Shot Brief – July 9th, 2024

Greetings,

 

The United States: Bloomberg’s US economic surprise index remains near the lowest levels since 2015.

Source: The Daily Shot

 

China:  Tax revenue from individuals and corporations remains weak.

Source: Barclays Research  
Source: Barclays Research 

 

Commodities: Corn and soybean futures have been under pressure.

Source: The Daily Shot
Source: The Daily Shot
Source: @markets   Read full article  

 

Equities: The options implied probability of a 10% correction in the S&P 500 by late September is less than 8%. That’s good news for those who want to buy some downside protection.

Source: The Daily Shot

 

Credit: Large US banks accumulated a growing amount of commercial real estate (CRE) in off-balance sheet exposure, including many loans to REITs.

Source: PGM Global  

 

Food for Thought: Global data centers’ electricity use:

Source: @bbgvisualdata   Read full article  

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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