The Daily Shot Brief – November 21st, 2023

Greetings,

 

Equities: Main US stock market indices are now in overbought territory.

Source: The Daily Shot

 

Rates: When will the Treasury curve inversion end? Here is a forecast from BofA.

Source: BofA Global Research; @MikeZaccardi

 

The United States: The index of leading economic indicators (LEI) has recorded its 19th consecutive monthly decline.

Source: The Daily Shot

 

The Eurozone: Risk premia in equities and corporate bonds remain resilient despite softer economic conditions.

Source: ECB
Source: ECB

 

Asia-Pacific: Asian currencies are surging (the second panel shows the Taiwan dollar).

Source: The Daily Shot

 

Emerging Markets: The markets cheered the defeat of the Peronist government in Argentina’s presidential election.

Source: The Daily Shot
Source: Reuters  Read full article

 

Food for Thought: Thanksgiving dinner inflation:

Source: @WSJ  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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