The Daily Shot Brief – May 26th, 2023

Greetings,

 

The United States: Corporate profits declined.

Source: Wells Fargo Securities

 

The Chicago Fed’s national activity index rebounded last month.

Source: @ChicagoFed, @dailychartbook

 

The United Kingdom: UK trade openness has been lagging.

Source: UK in a Changing Europe

 

The Eurozone: Germany’s revised Q1 GDP puts the country into technical recession.

Source: CNBC

 

Cryptocurrency: It has been a difficult month for cryptos, with bitcoin underperforming other main tokens.

Source: FinViz

 

Equities: Hedge funds have been boosting their exposure to tech mega-caps (based on GS prime brokerage data).

Source: Goldman Sachs; @carlquintanilla

 

Food for Thought: Who intends to buy an EV?

Source: @CivicScience

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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