The Daily Shot Brief – November 14th, 2023



The United States: It appears that core inflation is settling around 3%, which is a concern for the Fed.

Source: Deutsche Bank Research


Equities: The earnings revision breadth has worsened for both large and small caps.

Source: Morgan Stanley Research; @dailychartbook


Small caps continue to widen their underperformance.

Source: The Daily Shot


Rates: US reserve balances have been rising as the Fed’s RRP facility balances dip below $1 trillion.

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


The Eurozone: The rotation into longer-dated (higher-yielding) deposits has been reducing the money supply.

Source: @skhanniche


China: The decline in shadow bank financing could weigh on infrastructure investment despite recent stabilization.

Source: BCA Research


Cryptocurrency: The Crypto Fear & Greed Index remains in “greed” territory after spending most of the past two months in the “fear” zone.



Food for Thought: K-12 school shootings:

Source: @TheDailyShot

Edited by William Villacis

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