The Daily Shot Brief – May 3rd, 2022



United States: First, let’s look at the April ISM Manufacturing PMI, which surprised to the downside.

Source: The Daily Shot


International container freight rates are off the highs, but we are unlikely to ever see pre-COVID levels again.

Source: The Daily Shot


Eurozone: Here is the PMI output index at the Eurozone level (growth has stalled).

Source: IHS Markit


Equities: In equity markets, corporate sentiment points to weakness ahead for earnings growth.

Source: BofA Global Research


Asia-Pacific: Australian bond yields jumped after the RBA raised the Cash Rate Target by about 25bps. More rate increases are anticipated to follow.

Source: The Daily Shot


Credit: The drawdown in munis is approaching the COVID selloff.

Source: The Daily Shot


Food for Thought: Lastly, here is the Phillips curve in Google search activity:

Source: @Bellmanequation

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.

0 条回复 A文章作者 M管理员
有新私信 私信列表