The Daily Shot Brief – May 4th, 2020



United States: US factory activity all but ground to a halt in April. While the headline ISM Manufacturing PMI remained above the 2008 lows, the detail of the report showed utter devastation.

Source: The Daily Shot

The ISM production index showed that manufacturing output in its worst shape in the post-WW-II era.

Source: The Daily Shot

Here is the orders-to-inventories ratio.

Source: The Daily Shot


Europe: European bank shares remain under pressure.

Source: @financialtimes; Read full article


Energy: Without government support, the survival of the US shale sector is now in question.

Source: Princeton Energy Advisors; Read full article


Equities: US funds continue to post inflows, while investors pull money away from international and emerging market ETFs.

Source: SPDR Americas Research, @mattbartolini


Credit: Potential fallen angels have risen to a record high, according to Moody’s.

Source: Moody’s Investors Service


Food for Thought: The 2020 electoral map according to the betting market:

Source: @PredictIt

Edited by Daniel Moskovits

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