The Daily Shot Brief – April 19th, 2021

Greetings,   United States: The U. Michigan consumer sentiment index was below market forecasts, with the expectations component stalling this month. Near-term inflation expectations surged. House buying conditions deteriorated further. Will we see this trend reflected in the housing market?   Cryptocurrency: The weekend’s crypto selloff wiped out all of bitcoin’s gains over the past …

The Daily Shot Brief – April 14th, 2021

Greetings,   United States: Inflation volatility is back.   Sustained inflation gains will require stronger wage growth. The latest Evercore ISI survey suggests that it’s a possibility.   Eurozone: The ECB’s increase in securities purchases hasn’t been as aggressive as “promised.” Will the market test the central bank with higher yields?   Asia-Pacific: Singapore is …

The Daily Shot Brief – April 12th, 2021

Greetings,   United States: Business-to-business sales point to a rebound in brick & mortar retailers’ activity. Here is the Evercore ISI survey of retailers.   China: Alibaba shares jumped after Bejing announced a fine against the firm. The regulatory “overhang” is over for now.   Cryptocurrency: Here are some estimates for Coinbase’s total market value based on …

The Daily Shot Brief – April 9th, 2021

Greetings,   United States: Americans are saving/investing more of their stimulus cash. Nonetheless, Bank of America is predicting an 11% jump in retail sales for March. And here is a forecast for personal incomes from Morgan Stanley.   Eurozone: Euro-area financial conditions are the most accommodative in years.   Emerging Markets: Brazil’s COVID-related deaths hit …