United States: US trucking fleets have been shrinking.
As inventories tightened this year, demand for shipments boosted truck freight rates.
United Kingdom: Banks are concerned about a spike in consumer delinquencies.
Equities: Uncertainty around stimulus and the 1987 crash anniversary put some pressure on stocks on Monday.
Rates: Fed officials have been more focused on “short-term” outcomes.
Global Developments: Global scheduled flights remain depressed.
Food For Thought: The time lag between discovery and the Nobel Prize:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
Daily Shot Brief subscribers are eligible to receive the full-length Daily Shot for $115/year (a $20 discount).
To subscribe with this discount, you must register here (NOTE: The regular subscription page will not acknowledge this coupon). The coupon number is DSB329075 (please click the “apply” button for the discount to take effect).
A monthly subscription is also available (here).
The Food for Thought section is available as a separate newsletter. You can sign up here.
Please note that The Daily Shot is not an investment newsletter and is not intended for broad distribution.
If you have any questions, please contact Lev.Borodovsky@TheDailyShot.com.
Editor, The Daily Shot