The Daily Shot Brief – June 15th, 2022



The United States: The small business outlook for general business conditions hit a record low in May

Source: Daily Shot

Faced with a recession (as the chart above suggests), companies should, in theory, curtail hiring. Instead, hiring plans picked up in May. Perhaps the situation is not as dire as sentiment suggests.

Source: Daily Shot


China: Economic activity was stronger than expected in May.

Source: Daily Shot

The stock market continues to rebound. Foreign investors are trying to escape the wrath of global central banks by hiding out in China.

Source: Daily Shot


Emerging Markets: Argentina’s inflation exceeded 60% in May.

Source: Daily Shot


Cryptocurrency: Bitcoin now trades barely above the average purchase price of all bitcoin in circulation.

Source: Bloomberg Read full article


Energy: The surge in US jet fuel prices has been due to high oil costs and refinery challenges rather than increased demand.

Source: @WSJ Read full article


Food for Thought: Lastly, this chart shows the percent change in each state’s population over the past two years.

Source: Quill Intelligence


Edited by Alexander Bowers

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