Greetings,
The United States: According to Oxford Economics, the maximum impact of the Fed’s tightening will be felt over the next couple of quarters. We may see a modest recession.
However, markets have been pricing in economic strength. Are investors in for a disappointment?
Global Developments: Recessions have generally been rarer through time, especially since 1982.
Equities: How did different equity factors react to the Fed’s hawkish message of “higher for longer”?
Energy: Energy shares (XLE) have been underperforming oil prices (USO).
Europe: Germany’s producer prices saw the biggest yearly decline on record in August.
Food for Thought: Here are the highest and lowest men-to-women ratios:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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