Greetings,
The United States: August’s job openings report surprised to the downside, an indication that the labor market is finally starting to ease. From the Fed’s perspective, this is good news.
However, there is still a long way to go to bring the labor market balance to pre-COVID levels. Here is the number of openings per unemployed American.
The United Kingdom: The UK stock market is heavily exposed to cyclicals.
Commodities: The rally in silver looks extended as the commodity climbs above the upper Bollinger band.
Energy: European natural gas is rapidly reversing the summer rally.
Equities: Here’s a look at global valuations and historical averages.
Stocks have performed well this week. Here’s a look at market returns.
Global Developments: Here’s performance by asset class for the month of September, measured in standard deviations.
Food for Thought: Lastly, let’s take a look at the costliest hurricanes.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com