The Daily Shot Brief – October 6th, 2022

Greetings,

 

The United States: The Atlanta Fed’s GDPNow model Q3 growth estimate climbed 2.7% (annualized).

Source: @AtlantaFed

 

The United Kingdom: UK households are holding on to excess savings.

Source: Pantheon Macroeconomics

 

Energy: OPEC is cutting production, sending oil prices higher.

Source: @WSJ  Read full article
Source: The Daily Shot

 

US gasoline demand surged recently as prices continue to rebound.

Source: The Daily Shot

 

Equities: More firms issued positive EPS guidance last quarter, but the negative guidance count was still higher.

Source: @FactSet

 

Emerging Markets: Iran’s currency continues to weaken amid ongoing civil unrest.

Source: Bonbast.com

 

Commodities: The gold/S&P 500 price ratio broke above its 200-day moving average.

Source: Aazan Habib, Paradigm Capital

 

Food for Thought: Lastly, here is an outline of the production and processing of clean energy metals:

Source: The New York Times  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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