The Daily Shot Brief – September 30th, 2022



The United States: To begin, initial jobless claims hit another multi-year low, again running significantly below pre-COVID levels (2nd panel). Despite the headwinds, companies are unwilling to lay off employees (for now) given that it’s been so challenging and expensive to hire/retain workers.

Source: The Daily Shot


Multiple leading indicators suggest that inflation should be lower.

Source: BCA Research


The United Kingdom: UK equity outflows hit a record this year, exacerbated by concerns about the government’s borrowing needs.

Source: BofA Global Research


Equities: Managers continue to reduce their exposure to equities while the value of assets in money market funds rises.

Source: Aazan Habib, Paradigm Capital


Retail investors’ put options have now exceeded calls, as they did in early 2020.

Source: Vanda Research


China: The PBoC is getting more aggressive in its attempt to halt the renminbi’s slide. The currency bounced from multi-year lows this week.

Source: Reuters  Read full article
Source: The Daily Shot


Emerging Markets: Banxico followed the Fed with a 75 bps rate hike..

Source: The Daily Shot


Food for Thought: Lastly, here is the ownership of primary tech devices among older Americans:

Source: AARP  Read full article

Edited by William Villacis

Contact the Daily Shot Editor:

If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply