The Daily Shot Brief – October 13th, 2023

Greetings,

 

The United States: The September CPI report topped expectations, suggesting that the Fed’s effort to curb inflation remains a work in progress.

Source: The Daily Shot
Source: CNBC

 

The United Kingdom: The monthly GDP index was up slightly in August.

Source: The Daily Shot

 

Commodities: It was a good week for gold, bolstered by the unfolding developments in the Middle East

Source: The Daily Shot

 

Energy: US crude oil inventories surged last week.

Source: The Daily Shot

 

Equities: Bullish sentiment is in the bottom decile for the first time in almost a year.

Source: @RenMacLLC

 

Rates: Stagflation environments are typically negative for Treasuries.

Source: Saxo Bank

 

Food for Thought: Music piracy:

Source: Statista

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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