The Daily Shot Brief – March 10th, 2023

Greetings,

 

The United States: The number of unemployment applications has now surpassed the average of 2018, 2019, and 2022 levels.

Source: The Daily Shot

 

Continuing claims are now well above last year’s levels.

Source: The Daily Shot

 

Equities: Equities have diverged from bonds as recession risks resurface.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Credit: IG fund flows remain robust.

Source: BofA Global Research

 

Rates: Flows into Treasury funds have been strong.

Source: BofA Global Research

 

China: The PPI weakness has been driven by upstream price declines.

Source: Arcano Economics

 

Food for Thought: NYC hotel prices:

Source: Torsten Slok, Apollo

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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