Greetings,
The United States: Here are the March changes in retail sales by sector.
The Eurozone: The euro continues to move lower relative to the US dollar as indicators of inflation surprises diverge.
Equities: Sentiment has deteriorated sharply. Here is Goldman’s “panic index.”
The S&P 500 has experienced multiple expansion despite high real bond yields.
Commodities: Rice futures surged as Indian rice exporters expressed concerns about their ability to transport the commodity.
Energy: Technicals suggest Brent oil is overbought, although not yet extreme compared to prior peaks.
Cryptocurrency: The proportion of total bitcoin mining revenue compared to BTC trading volume has persistently declined after prior halvings. This may suggest that miner influence on price action has waned.
Food for Thought: Tesla and BYD EV sales:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
