Greetings,
The United States: This chart shows the probability of a recession as implied by various market indicators.
China: Bond yields jumped as Beijing cracks down on debt purchases by banks.
Emerging Markets: India’s industrial production growth slowed, surprising to the downside.
Energy: Brent crude jumped above $80/bbl due to geopolitical uncertainty but encountered resistance at the 200-day moving average.
Equities: The Fed is increasingly discussed on earnings calls.
Rates: Fund managers expect short-term rates and bond yields to decline in the months ahead.
Food for Thought: Delaware is the preferred domicile for S&P 500 companies.
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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