The Daily Shot Brief – November 7th, 2022

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The United States: Oil and gas unemployment is near record lows.

Source: @DavidWethe, @catarinasaraiva, @business Read full article

Also, prime-age labor force participation declined again, keeping the labor market tight.

Source: Daily Shot


The Eurozone: The euro surged vs. the dollar on Friday, driven by the US dollar’s weakness. 

Source: Daily Shot


China: The reopening-driven equity rebound continues.

Source: Daily Shot

But Beijing doesn’t seem to be revising its policy right now.

Source: Reuters Read full article


Commodities: Cotton surged last week amid hopes for stronger demand from China.

Source: Daily Shot


Equities: Despite the rebound on Friday, the Nasdaq 100 was still down 6% last week.

Source: Daily Shot

Elevated real yields point to further declines in valuations.

Source: Daily Shot


Global Developments: Capital markets activity slowed in October.

Source: @WSJ Read full article


Food for Thought: Lastly, retirement accounts are under pressure.

Source: @LizAnnSonders, @DataArbor


Edited by Alexander Bowers

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