The Daily Shot Brief – June 10th, 2020

Greetings,

 

United States: The uncertainty surrounding the May employment report was exacerbated by much lower participation in the household survey. The process was also modified due to safety issues.

Source: Deutsche Bank Research

 

Also, the rate lock volume is up 18% year-over-year as homebuyers rush to lock in record-low mortgage rates.

Source: AEI Housing Center

 

United Kingdom: Is the UK ready for the “no-deal” WTO option?

Source: Institute for Government; Read full article

 

China: Many migrant workers haven’t returned to cities.

Source: @WSJ; Read full article

 

Equities: Nasdaq is ahead of the New York Stock Exchange in IPO volume.

Source: @WSJ; Read full article

 

Credit: According to a survey from Absolute Strategy Research, institutional investors are overwhelmingly optimistic about high-yield and investment-grade corporate credit. (2 charts)

Source: Absolute Strategy Research
Source: Absolute Strategy Research

 

Food For Thought: The most effective ads:

Source: Morning Consult; Read full article

Edited by Devon Lall

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Contact the Daily Shot Editor: Editor@DailyShotLetter.com

 

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