The Daily Shot Brief – October 17th, 2023

Greetings,

 

The United States: The number of states with significant increases in continuing jobless claims keeps rising.

Source: Variant Perception

 

Canada: The BoC business survey indicator deteriorated further in Q3.

Source: The Daily Shot

 

Equities: Valuations based on the 24-month earnings projections remain decoupled from real rates.

Source: @TheTerminal, Bloomberg Finance L.P.

 

Emerging Markets: EM equities appear fairly valued, unlike the US, which could bolster higher relative returns over the next five years.

Source: Oxford Economics

 

Rates: Treasury fund inflows tend to accelerate at the end of rate hiking cycles.

Source: Goldman Sachs; @AyeshaTariq

 

Cryptocurrency:  A false report about a BlackRock spot-BTC ETF approval triggered a spike in bitcoin toward $30K on Monday.

Source: The Daily Shot
Source: @technology  Read full article

 

Food for Thought: Companies are increasingly concerned about shoplifting.

Source: Morgan Stanley Research

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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