The Daily Shot Brief – October 1st, 2020

Greetings,

 

Equities: Stocks rose on Wednesday, with futures climbing further on Thursday morning in response to a potential relief plan breakthrough

Source: The Daily Shot

This development is a necessary condition for the rally to continue.

Source: BCA Research

 

Credit: Projected global insolvencies in 2021:

Source: Statista

 

Energy: Energy shares continue to underperform.

Source: @WSJ Read full article

But the IEA crude oil demand forecast shows a steady recovery over the next two years, which bodes well for energy shares.

Source: Variant Perception

 

China: The offshore yuan rose sharply in response to the US stimulus hopes.

Source: The Daily Shot

 

United States: The Chicago PMI index soared in September.

Source: The Daily Shot

 

Food For Thought: Solar and wind power, by country:

Source: Statista Further reading

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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