The Daily Shot Brief – October 28th, 2022



The United States: First, the third-quarter GDP growth was a bit better than expected, with a decline in imports boosting net exports.

Source: The Daily Shot


Soft-data (survey-based) economic surprises are turning lower, which will be showing up in hard-data surprises in the months ahead.

Source: Morgan Stanley Research


The United Kingdom: The “Truss premium” on mortgage rates remains elevated.

Source: Reuters  Read full article


The Eurozone: The ECB hiked rates by 75 bps and scaled back support for the banking system.

Source: Reuters  Read full article
Source: The Daily Shot


Japan: The Tokyo core CPI climbed above 2% this month, topping expectations.

Source: The Daily Shot


Equities: Trailing earnings and forward estimates for tech have flatlined this year.

Source: PGM Global


Energy: The US supply response to higher oil prices has been limited in this cycle.

Source: BofA Global Research


Food for Thought: Here are VR/AR hardware user count projections over the next 5 years:

Source: Statista

Edited by William Villacis

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