Greetings,
United States: Mortgage applications to purchase a house have lost momentum.
As we saw yesterday, residential construction is facing some headwinds. Homebuilders’ shares have underperformed this month.
Eurozone: Inflation options are pricing in a 16% probability that the CPI will exceed 2% over the next five years.
Emerging Markets: India’s COVID-related deaths hit a new high.
Cryptocurrency: Cryptos tumbled as exchanges hit a snag.
But the market stabilized. Bitcoin found support at $30k …
… and Ethereum at at $2k.
Equities: S&P 500 margins hit a record high.
Food For Thought: Epidemiologists and COVID:
Edited by Daniel Moskovits
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