The Daily Shot Brief – October 2nd, 2019



The United States: Let’s begin with the September ISM manufacturing PMI report, which was below economists’ forecasts. US factory activity is rapidly shrinking (PMI below 50).

Source: The Daily Shot


Eurozone: The Eurozone’s financial conditions have been easing. Does this trend signal a bottom in factory activity?

Source: @AndreasSteno; Read full article


Europe: Switzerland’s economy appears to be in recession. This index combines manufacturing, construction, and services.

Source: The Daily Shot


China: The export orders component of the PMI index signals further weakening in the Chinese export cycle.

Source: Gavekal


Equities:  IPOs with negative earnings have been better received by investors compared to IPOs with positive earnings, according to BCA Research.

Source: BCA Research


Food for Thought: Most surveilled cities in the world

Source: Statista

Edited by Daniel Moskovits

To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.

If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.

The Daily Shot Premium is also available online at

If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to

Contact the Daily Shot Editor:


Leave a Reply