The Daily Shot Brief – October 9th, 2023

Greetings,

 

The United States: Consumer credit tumbled in August as borrowers paid down some of their student debt.

Source: The Daily Shot
Source: Market Watch  Read full article

 

The United Kingdom: Traders turned bearish on the pound last week.

Source: The Daily Shot

 

Energy: Oil futures jumped in response to escalating violence in the Middle East.

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

 

Credit: Oil & Gas companies accounted for 19% of the overall high-yield new issue supply this year.

Source: PitchBook

 

China: EV exports are booming, but so are exports of cars with internal combustion engines.

Source: Gavekal Research

 

Canada: The probability of a BoC rate hike this month jumped after the wage growth surprise.

Source: The Daily Shot

 

Emerging Markets: Chile’s core inflation is easing rapidly.

Source: The Daily Shot

 

Food for Thought: Annual home ownership cost as a percent of median income:

Source: @TheDailyShot

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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