Greetings,
The United States: Outside of shelter CPI, a number of items signaled slower inflation in October (shown on a month-over-month basis). Here is Core CPI excluding shelter.
The terminal rate dipped below 5%. Here is the market expectation for the fed funds rate trajectory.
China: Stocks surged as Beijing “recalibrates” its Covid Zero policy.
Equities: Here is the percentage of the S&P 500 members that are above their 200-day moving average.
The Eurozone: German industrial gas demand is below its four-year average.
Energy: US natural gas pipeline capacity is expected to expand significantly over the next few years.
Global Developments: Only a few currencies withstood dollar strength this year.
Food for Thought: To conclude, here is a survey by MetLife that shows US employees’ financial anxiety over time:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
