The Daily Shot Brief – November 11th, 2021

Greetings,   United States: The CPI report was a shocker, with last month’s inflation rising much faster than markets expected. On a year-over-year basis, CPI gains were at multi-decade highs. Here are the CPI changes in terms of standard deviations.   Eurozone: EUR/USD dropped in response to the US CPI report.   China: Foreign investors …

The Daily Shot Brief – November 10th, 2021

Greetings,   United States: Will rapid wage growth put downward pressure on corporate margins? Below is a comment from Pavilion Global Markets.   Eurozone: Supply shortages are at extreme levels across most sectors.   Asia-Pacific: Here are the reasons for downgrades and upgrades of APAC corporate debt (according to Fitch).   Cryptocurrency: Coinbase sales surprised …