The Daily Shot Brief – November 18th, 2020



United States: October retail sales were softer than expected amid signs of consumer activity losing momentum.

Source: Daily Shot


Nonetheless, the overall rebound has been remarkable.

Source: Mizuho Securities USA


Asia-Pacific: The world’s busiest domestic flight routes are in Asia.

Source: @markets Read full article


Emerging Markets: Until the pandemic, the short-end of EM yield curves has been uncorrelated with manufacturing PMIs. This is because EM central banks often face issues other than economic slowdowns, such as currency depreciation, according to Morgan Stanley.

Source: Morgan Stanley Research


Commodities: Container freight rates are up sharply this year amid capacity constraints.

Source: @WSJ Read full article


Equities: Shares of pharmacy chains are under pressure as Amazon gets into the business.

Source: @axios Read full article
Source: Daily Shot


Food For Thought: Support for raising the minimum wage:

Source: The Brookings Institution

Edited by Devon Lall

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