The Daily Shot Brief – September 22nd, 2022



The United States: To start, the FOMC dot plot was hawkish, with projections pushed well above market expectations for the end of 2023.

Source: @TheTerminal, Bloomberg Finance L.P.


In the housing market, affordability is deteriorating rapidly as mortgage rates continue to surge.

Source: @RollinFrederic, @PkZweifel


The United Kingdom: The pound is hitting multi-decade lows vs. USD.

Source: The Daily Shot


China: The World Economics SMI report shows further deterioration in China’s business activity this month.

Source: World Economics


Canada: Here is the share of CPI items outside of the BoC’s target range.

Source: Desjardins


Energy: US gasoline demand has softened despite lower prices.

Source: EIA


Rates: SOFR derivatives are taking off.

Source: Oxford Economics


Food for Thought: Lastly, here is a visualization of the income statements of the largest US tech firms:

Source: LendingTree  Read full article

Edited by William Villacis

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