Greetings,
United States: Consumer and business survey data suggest that the unemployment rate should be below 4%.
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/US-Household-and-Businesses-Sentiment-Consistent-4pc-Unemployment-or-less2107130424.png)
Asia-Pacific: Australia’s business confidence took a hit last month.
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/AS-AU-Bus-ST2107130424.png)
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/AS-AU-Bus-Conf2107130424.png)
China: Beijing’s tech crackdown did some damage to public shares’ market cap.
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/CH-Market-Cap-wiped-out2107130424.png)
Equities: Margin expansion has been strong.
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Earnings-margins2107130424.png)
Credit: Leveraged loan lender protections are melting away.
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/CR-Lender-protections-disappearing2107130424.png)
Food for Thought: Regretting wars:
![The Daily Shot Brief – July 13th, 2021](https://thedailyshot.com/wp-content/uploads/VTG-Regretting-wars2107130424.png)
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com