The Daily Shot Brief – September 21st, 2023



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.

Source: Oxford Economics


However, markets have been pricing in economic strength. Are investors in for a disappointment?

Source: Alpine Macro
Source: Alpine Macro


Global Developments: Recessions have generally been rarer through time, especially since 1982.

Source: Deutsche Bank Research


Equities: How did different equity factors react to the Fed’s hawkish message of “higher for longer”?

Source: The Daily Shot


Energy: Energy shares (XLE) have been underperforming oil prices (USO).

Source: The Daily Shot


Europe: Germany’s producer prices saw the biggest yearly decline on record in August.

Source: The Daily Shot


Food for Thought: Here are the highest and lowest men-to-women ratios:

Source: @genuine_impact

Edited by William Villacis

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