The Daily Shot Brief – October 18th, 2023

Greetings,

 

The United States: Industrial production also surprised to the upside, with robust gains in manufacturing output.

Source: The Daily Shot
Source: MarketWatch

 

The United Kingdom: The payrolls estimate declined again, pointing to a softening labor market.

Source: The Daily Shot

 

Commodities: The global corn market is expected to be in surplus next year, according to Capital Economics.

Source: Capital Economics

 

Equities: November is typically a strong month for inflows into equity ETFs and mutual funds.

Source: Goldman Sachs

 

Credit: The European high-yield market has a greater share of debt maturing in three years relative to the US.

Source: KKR

 

Rates: According to Capital Economics, Treasury yields are peaking.

Source: Capital Economics

 

Food for Thought: Union membership as a share of employment in the US:

Source: @WSJ

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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