The Daily Shot Brief – November 9th, 2022

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The United States: Rising costs put a strain on discretionary demand.

Source: BofA Global Research; @MichaelAArouet


The Eurozone: The French trade deficit hit a new record.

Source: Daily Shot

Germany’s electricity prices have declined massively from the peak but remain elevated.

Source: Daily Shot


Emerging Markets:  Stocks are trading at attractive valuations versus developed markets.

Source: Numera Analytics


Cryptocurrency: Binance agreed to buy rival exchange FTX. Concerns about liquidity issues at FTX sent crypto markets into a panic. The FTX token crashed.

Source: CoinDesk

FTX experienced large withdrawals on Tuesday, mainly from Jump Trading and Alameda Research, which is owned by the CEO of FTX.

Source: CoinDesk Read full article


Energy: European natural gas is in deep contango amid ample supplies.

Source: The Economist Read full article


Equities: Companies with international sales have been outperforming.

Source: Daily Shot


Food for Thought: Here’s a look at the rise in US political spending by outside groups.

Source: @financialtimes Read full article


Edited by Alexander Bowers

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