The Daily Shot Brief – June 26th, 2024

Greetings,

 

The United States: The Conference Board’s consumer confidence indicator edged lower this month.

Source: The Daily Shot

 

Europe: Economists now expect only one Norges Bank rate cut before the end of the year (from 4.5%).

Source: The Daily Shot

 

Emerging Markets: Which currencies are most vulnerable to US dollar strength?

Source: TS Lombard

 

Energy: The US and Qatar are driving growth in global LNG supply.

Source: Lujia Cao, BloombergNEF

 

Equities: US companies that focus on onshoring or primarily depend on domestic production have significantly outperformed those that rely on international supply chains or have a substantial international manufacturing footprint.

Source: The Daily Shot

 

Food for Thought: Share of renters spending over 40 percent of disposable income on rent in selected countries:

Source: The Economist

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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