Greetings, Equities: The S&P 500 realized correlation is dangerously low. Rates: US government bond overnight repo rates are back in negative territory as money markets are flooded with liquidity. Commodities: China’s steel mills are losing money. China: China dominates the world’s lithium-ion battery supply chain. United Kingdom: Businesses are concerned …
Continue reading “The Daily Shot Brief – January 27th, 2021”