Greetings,
The United States: The market no longer expects the Fed to take rates above 3.5%.
China: Supplier delays are officially over.
Russia: Russia’s stock index tumbled as Gazprom stopped dividend payments for the first time since 1998.
Commodities: Energy and metals have diverged.
Equities: A repeat of 1973? Interesting correlation from a half-century ago.
Previously, major downswings in consumer confidence eventually preceded rate cuts and bear market bottoms
Global Developments: Global currency reserves have been less dollar-focused over the past decade, and less gold-focused over the past 50 years.
Food for Thought: Lastly, let’s take a look at which counties have more livestock than people.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
