The Daily Shot Brief – February 28th, 2022

Greetings,   Equities: Western nations revoked access to SWIFT for major Russian banks. While some efforts were made to carve out energy-related payments, many private entities will refuse to transact with Russian institutions until there is more clarity on the situation. For now, sales of most commodities will be challenging for Russia. Brent crude surged …

The Daily Shot Brief – February 24th, 2022

Greetings,   Global Developments: According to the Russian government’s news agency, TASS, … Putin decided to conduct an operation to denazify and demilitarize Ukraine. …Russia will not allow Ukraine to have nuclear weapons. The term “denazify” suggests that Putin intends to remove the Ukrainian government by force, which means a full-scale invasion (the Kremlin has …

The Daily Shot Brief – February 23rd, 2022

Greetings,   United States: Despite more robust pay increases since the start of the pandemic, home prices have left wages in the dust. This divergence is only sustainable if mortgage rates stay low.   Eurozone: This chart illustrates the Eurozone’s exposure to Russia.   Cryptocurrencies: The gold-backed token market has accelerated over the past year …

The Daily Shot Brief – February 22nd, 2022

Greetings,   Emerging Markets: The Ukraine/Russia situation has deteriorated further.   Russia-backed separatists currently control less than half of the Luhansk/Donetsk region. Which portion of the region did Putin recognize as “independent”? If it’s the whole area, the act will likely lead to war.   Will Russian “peacekeepers” push across the Minsk Protocol buffer zone? …

The Daily Shot Brief – February 21st, 2022

Greetings,   Equities: Amid the Russia/Ukraine crisis, a number of companies have mentioned Ukraine on their earnings calls. Which firms have exposure to Ukraine/Russia?   Credit: Investment-grade credit default swap spreads continue to widen.   China: Beijing continues its regulatory crackdown on tech firms.   United States: US COVID cases continue to ease.   Global …

The Daily Shot Brief – February 18th, 2022

Greetings,   United States: US goods spending has been slowing, … … as disposable income weakens.   Cryptocurrency: Here is a look at open interest and volume of BTC and ETH futures compared with major traditional futures markets.   Commodities: Bloomberg’s broad commodities index continues to hit record highs.   Equities: Friday could be volatile …

The Daily Shot Brief – February 15th, 2022

Greetings,   United States: Some economists and Fed officials are becoming concerned about the wage-price spiral.   Emerging Markets: Some emerging market equity valuations are very attractive vs. their developed market peers.   Commodities: Beijing is waging war on iron ore prices.   Equities: Fund managers have been reducing their allocations to stocks amid expectations …