The Daily Shot Brief – October 16th, 2020



United States: The US dollar’s weakness continues to put upward pressure on import prices.

Source: The Daily Shot

New unemployment applications are holding above one million per week.

Source: @GregDaco

Banks continue to underperform.

Source: @WSJ Read full article


China: Rising interest rates and bond yields have been supportive of Chinese stocks.

Source: BCA Research


Energy: US gasoline demand is back at the lower end of the 7-year range.

Source: The Daily Shot


Credit: Fallen angel volumes (investment-grade corporate debt downgraded to junk) are now higher than in 2009.

Source: Quill Intelligence


Food For Thought: Global poverty rate forecasts:

Source: @adam_tooze, @WorldBank Read full article

Edited by Daniel Moskovits

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