The Daily Shot Brief – October 22nd, 2020



Equities: Here is the correlation between the S&P 500 and the US GDP.

Source: Cornerstone Macro LLC


Credit: Despite elevated default risks, US CCC-rated corporate bond spreads are near pre-crisis levels.

Source: @lisaabramowicz1


Energy: Gasoline demand is weakening again.

Source: The Daily Shot


Eurozone: Italy’s new COVID cases exploded over the past couple of weeks.

Source: Pantheon Macroeconomics


United States: The World Economics SMI index, which measures the nation’s business activity, moved back into contraction territory this month.

Source: World Economics

Online searches across different sectors point to reduced activity.

Source: Arbor Research & Trading


Food For Thought: Total early votes so far this year:

Source: @ElectProject

Edited by Daniel Moskovits

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