The Daily Shot Brief – May 7th, 2021



United States: Let’s begin with the labor market. Initial jobless claims remain on a downward path.

Source: Oxford Economics

The total number of Americans receiving unemployment benefits is also declining.

Source: @GregDaco


United Kingdom: The updated April Markit Services PMI figure was even stronger than the earlier report, as Britain reopens.

Source: The Daily Shot


Emerging Markets: India’s COVID cases hit 400,000 per day.

Source: The Daily Shot

And that’s causing havoc in the shipping industry (which is already strained).

Source: @adam_tooze, @financialtimes Read full article

Bond yields declined further amid RBI’s support.

Source: The Daily Shot


Commodities: Commodity markets are on fire. Here’s Bloomberg’s broad commodity index.

Source: The Daily Shot


Equities: Strong earnings growth is supporting dividend hikes.

Source: Hugo Ste-Marie, Portfolio & Quantitative Strategy Global Equity Research, Scotia Capital


Food For Thought: Revenue per employee:

Source: @WSJ Read full article

Edited by Daniel Moskovits

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