The Daily Shot Brief – September 16th, 2022

Greetings,

 

The United States: Initial jobless claims are now firmly under pre-COVID levels, hitting a multi-year low. Investors have been looking for signs of some loosening in the labor market. This report didn’t provide any.

Source: The Daily Shot

 

The market is now pricing in almost 200 bps of rate hikes between now and the end of the year.

Source: The Daily Shot

 

The United Kingdom: The pound reached its lowest level against the dollar since 1985.

Source: The Daily Shot

 

Equities: FedEx dropped 11% after the close, which doesn’t bode well for economic growth.

Source: CNBC  Read full article
Source: The Daily Shot

 

Emerging Markets:  EM central banks tightened much earlier than advanced economies, which creates more flexibility with easing monetary policy.

Source: MRB Partners

 

Alternatives: Private equity deal volume has been trending lower.

Source: S&P Global Market Intelligence

 

Food for Thought: To conclude, here are the days worked from home by county in the US:

Source: The Washington Post  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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