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The United States: The number of states with negative growth is now at the level that signals a recession.

Equities: 2022 saw the largest annual decline for the S&P 500 since 2008.

Back-to-back annual losses are rare, but the odds of the bear market continuing remain elevated, according to MarketDesk Research.

The Eurozone: The sharp decline in the M1 (narrow) money supply growth points to downside risks for business activity.

Asia – Pacific: The pace of Taiwan’s manufacturing sector contraction has softened.

Emerging Markets: EM previously led global equity rallies after recessions.

Global Developments: M&A activity slowed sharply as 2022 progressed.

Food for Thought: To conclude, here is a map showing where yellow or white light is more commonly used:

Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com