The Daily Shot Brief – September 2nd, 2020


Administrative Updates

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United States: Permanent layoffs have been relatively low.

Source: Moody’s Analytics


But Americans are quite concerned about losing their job.

Source: Gallup Read full article


United Kingdom: The Eat Out to Help Out program has been highly beneficial for the UK’s restaurant businesses.

Source: @chartrdaily


In addition, a majority of Scottish residents now support independence from the UK (mostly due to Brexit).

Source: @WSJ Read full article


Asia-Pacific: Abenomics was helpful for Japan’s corporate earnings.

Source: @WSJ Read full article


For the first time in almost two decades, Australia is officially in recession.

Source: Daily Shot


China: China’s dollar bond issuers have been bypassing US investors. Who needs all that regulation?

Source: @WSJ Read full article


Also, state banks have been lending below the prime rate to support the economy.

Source: @WSJ Read full article


Equities: Valuation matters most for long-term stock returns, according to BofA.

Source: BofA Securities


Food For Thought: Relocating:

Source: @markets Read full article

Edited by Devon Lall

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