The United States: The debt ceiling could be hit as early as February. Will the US repeat the 2011 impasse that resulted in a downgrade? As we saw in the UK, the markets these days have limited tolerance for fiscal uncertainty.
The United Kingdom: How will the markets respond to the BoE’s announcement? Here are potential scenarios from ING.
Europe: Here is the energy-related increase in the cost of living across Europe.
China: The number of cities in China under lockdown has increased since the summer. The graph below shows the share of GDP impacted. The PBoC has pledged to keep supporting economic growth.
Equities: Equity momentum factor products exhibited the highest returns among other equity factors last month.
Emerging Markets: Brazil seems poised to begin cutting rates amid lowering inflation.
Asia – Pacific: South Korea’s manufacturing activity continues to contract.
Food for Thought: What contributed to challenges in dealing with COVID in the US?
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com