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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 and will publish the results next week.
United States
A record share of Americans expects their financial situation to worsen over the coming year.
Canada
Housing is expected to be a drag on growth this year, with little improvement next year.
United Kingdom
Debt interest has been the biggest driver of higher public spending relative to GDP since 2019–20.
China
China’s auto industry profit margin fell to a multiyear low of 3.6% in the first eight months of 2026 as excess capacity and weakening domestic demand fueled price cuts and intensified the push into export markets.
Equities
The valuation premium of the tech sector relative to the broader market has nearly evaporated.
Energy
The US dominates global ethanol production, followed by Brazil, with the two countries accounting for almost 80% of global output.
Food for Thought
Horror films are capturing a growing share of the North American box office.
