The Daily Shot Brief – March 19th, 2024



The United States: In the housing market, sentiment among homebuilders is on the rise.

Source: The Daily Shot
Source: Reuters  Read full article


Wage inflation tends to drive labor productivity.

Source: BofA; @MikeZaccardi


The Eurozone: Fund managers have been increasing their allocations to Eurozone equities.

Source: BofA Global Research


Japan: The BoJ finally exited its negative-rate policy and abandoned yield curve control.

Source: The Daily Shot
Source: CNBC  Read full article


Equities: The S&P 500 price has been outpacing valuations (forward P/E ratio).

Source: @TheTerminal, Bloomberg Finance L.P.; h/t Morgan Stanley


Global Developments: Here is a look at equity markets’ beta to global manufacturing activity.

Source: Oxford Economics


Food for Thought: Share of global stock market capitalization by country over the past 50 years:

Source: Goldman Sachs; @MikeZaccardi

Edited by William Villacis

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