The Daily Shot Brief – November 28th, 2023

Greetings,

 

The United States:  Economists upgraded their forecasts for next year’s GDP growth, with no recession expected over the next few quarters.

Source: The Daily Shot

 

US financial conditions eased sharply this month, with the largest monthly decline in Goldman’s indicator in recent decades.

Source: The Daily Shot

 

Cryptocurrency: Roughly 83% of the total BTC circulating supply is held in profit, similar to the 2021 bull market highs.

Source: Glassnode  Read full article

 

Equities: Here are sector earnings growth expectations for 2024.

Source: Citi Private Bank

 

32% of large-cap mutual funds outperformed their benchmarks this year, with underperformance driven by underallocation to tech megacaps.

Source: Goldman Sachs @MikeZaccardi

 

Commodities: Iron ore prices extended losses as Beijing jawbones the commodity lower.

Source: The Daily Shot

 

Emerging Markets: India’s fiscal deficit is on a downward trend.

Source: Barclays Research

 

Food for Thought: Members of Congress not seeking re-election:

Source: @axios  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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