The Daily Shot Brief – July 28, 2026
This is the Daily Shot Brief, an abridged version of The Daily Shot. If you would like to subscribe to the full-length Daily Shot (see example), please register here.
United States
Timely surveys are consistent with solid business investment.
United Kingdom
Economic data have surprised to the upside recently.
Euro Area
Surveys signal a pickup in GDP growth for Germany.
Asia-Pacific
The Kospi plunged as the AI-chip rout deepened, with the peak-to-trough drawdown reaching 33.9%.
Equities
BCA’s US Equity Risk Indicator is one standard deviation above its mean, which historically has signaled a major pullback in the S&P 500.
Rates
Does TIPS-implied breakeven inflation predict future inflation?
Commodities
Gold prices have decoupled from the global money supply.
