The Daily Shot Brief – September 6th, 2023



The United States: All signs point to a retreat in consumption in the months ahead.

    • Shrinking excess savings:
Source: Torsten Slok, Apollo


    • The resumption of student loan payments:
Source: Goldman Sachs; @MikeZaccardi


The Eurozone: The final services PMI report for August was even worse than the flash figure.

Source: The Daily Shot


Japan: Households cut back on spending as inflation takes a toll.

Source: @economics


Emerging Markets: EM debt funds keep seeing outflows.

Source: BofA Global Research


Commodities: Rice futures keep climbing.

Source: The Daily Shot
Source: @markets


Equities: Analysts continue to upgrade earnings estimates.

Source: @FactSet


Food for Thought: Debt-to-income ratios:

Source: USAFacts


Edited by Josh Oldmixon

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