Greetings,
The United States: US inflation has been surprising to the upside in recent months.
The United Kingdom: The 10-year gilt yield hit the highest level since November.
China: Economic growth is improving.
Commodities: Coffee futures continue to climb.
Energy: European natural gas has been rising as Russia targets Ukraine’s natural gas storage facilities.
Equities: High-dividend stocks are now much more exposed to rates than the S&P 500.
Food for Thought: Gen Z now outnumbers baby boomers.
Edited by Josh Oldmixon
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