The Daily Shot Brief – November 20th, 2020



United States: The US Treasury is pulling the plug on some of the emergency programs it put in place with the Fed (red arrows below).

Source: @colbyLsmith, @JamesPoliti, @FT Read full article


China: Investors have been selling high-rated state-owned-enterprise (SOE) bonds in provinces where local governments have poor reputations, according to Gavekal.

Source: Gavekal


Cryptocurrency: Bitcoin ownership is becoming more concentrated again.

Source: @markets Read full article


Equities: After a massive spike, US equity issuance is expected to return to a more normal pace next year.

Source: @ISABELNET_SA, @GoldmanSachs


Credit: Here are the most vulnerable retailers.

Source: S&P Global Market Intelligence


Food For Thought: Taxes on groceries, candy, and soda:

Source: @TaxFoundation Read full article

Edited by Devon Lall

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