The Daily Shot Brief – November 10th, 2022

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The United States: To begin, the deterioration of housing affordability over the last twelve months has been exceptionally rapid.

Source: Morgan Stanley Research; @WallStJesus


The public tends to start noticing inflation when the CPI hits 4-5%.

Source: The Economist, h/t @jessefelder  Read full article


Cryptocurrency:  Binance will not acquire FTX after all, which triggered another round of selling in the crypto market. Bitcoin appears to have found support near 16k.

Source: @WSJ  Read full article
Source: The Daily Shot


Credit: The rise in equity volatility points to wider US investment-grade credit spreads.

Source: SOM Macro Strategies


Energy: Brent is at the 50-day moving average.

Source: Reuters  Read full article
Source: The Daily Shot


The Eurozone: The ECB’s “profit” is deteriorating as interest rates surge.

Source: Natixis


Emerging Markets:  Consumer confidence in EM Asia is holding up versus developed markets.

Source: Numera Analytics


Food for Thought: Lastly, here is the degree of internet censorship around the world:

Source: Comparitech  Read full article

Edited by William Villacis

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