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Aug 05, 2022 03:07 pm | The Daily Shot Editor

Greetings,

 

The United States: To begin, shelter inflation in the US has been surprising to the upside.

Source: Goldman Sachs; @MikeZaccardi

 

The United Kingdom: The BoE hiked rates by 50 bps as it forecasts a prolonged recession.

Source: The Daily Shot
Source: CNBC  Read full article

 

The Eurozone: French nuclear power output hit a multi-year low. This could not have come at a worse time.

Source: The Daily Shot
Source: Bloomberg  Read full article

 

Equities: Responses to earnings misses have been unusually benign.

Source: Truist Advisory Services

 

The average total return for the S&P 500 the year following a yield curve inversion is almost 10%. Will we witness a similar outcome?

Source: Denise Chisholm, Fidelity Investments

 

Emerging Markets: Thailand’s core inflation surprised to the upside, but the central bank is not raising rates.

Source: The Daily Shot

 

Global Developments:  Supply chain stress continues to ease as the world’s economies slow.

Source: The Daily Shot

 

Food for Thought: Lastly, here are US federal wildfire suppression costs:

Source: OpenAxis

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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