The Daily Shot Brief – November 2nd, 2020

Greetings,

 

United States: According to BCA Research, the US needs another $1.5 trillion in government stimulus just to maintain a neutral “fiscal thrust.”

Source: BCA Research

Here is what we could expect from a Biden/Democratic “clean sweep,” according to Morningstar.

Source: Morningstar

 

Europe: Here is the stock market performance in October.

Source: S&P Global Market Intelligence

 

Commodities: The gold/S&P 500 ratio is on the verge of a breakout.

Source: @TaviCosta

 

Energy: Crude oil started the month on a weak note.

Source: The Daily Shot

 

Equities:  A relief rally last Thursday was the only bright spot in an otherwise tough week for the S&P 500. And bonds offered no help.

Source: MarketDesk Research

 

Food For Thought: What portion of the votes will be counted on election night?

Source: @FiveThirtyEight Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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