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Administrative Update
The October edition of The Daily Shot Pulse, our brief monthly survey of economic and market outlooks, is now open. We look forward to your participation.
United States
Our daily underlying growth estimate has been stable at around 2.9%, well above potential growth.
United Kingdom
The tax code and the number of regulatory bodies have swollen over the past four decades.
Europe
The Norwegian krone is on track for its ninth straight day of gains against the US dollar.
Asia-Pacific
The semiconductor sector is trading at record-low forward P/E levels.
Equities
Global earnings breadth continues to strengthen, with the share of companies posting accelerating earnings near record highs.
Credit
US office delinquency rates are near record highs.
Commodities
US primary production of aluminum continues to decline, while recycled metal now makes up most of US output.
Food for Thought
Netflix’s share of the most popular streaming shows has declined significantly as competing platforms have expanded their content offerings, eroding its early dominance.
