Greetings,
The United States: Is this the end of the housing cycle or just a pause?
More Americans are holding two or more full-time jobs.
The Eurozone: In Germany, the PPI (Producer Price Index) hit 37% in July, topping forecasts.
Asia-Pacific: South Korea’s trade deficit widened to a new record in August as energy costs take a toll.
Cryptocurrency: Ether underperformed over the weekend.
Energy: Russia completely shut off Nord Stream gas flows to Europe.
European natural gas futures are up 10% this morning (a record high).
Equities: A short-term rejection of the 200-day moving average typically precedes market declines.
Food for Thought: Lastly, let’s take a look at agriculture as a share of state GDP.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
