The Daily Shot Brief – June 5th, 2024

Greetings,

 

The United States: Job openings declined significantly in March and April, suggesting an easing of labor market imbalances. The April figure was below forecasts.

Source: The Daily Shot

 

Europe: Container shipping costs continue to climb.

Source: @TheTerminal, Bloomberg Finance L.P.

 

China: Hedge funds have been dumping Chinese stocks.

Source: Goldman Sachs; @WallStJesus

 

Commodities: Chicago lean hog futures are under pressure amid concerns about sustained domestic demand.

Source: The Daily Shot

 

Equities: The market continues to reward companies that pursue onshoring strategies.

Source: Goldman Sachs

 

Credit: US private sector credit growth has been slowing.

Source: JP Morgan Research; @economics

 

Food for Thought: Lowest 10 states by real GDP growth in 2023:

Source: Visual Capitalist

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com




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