The Daily Shot Brief – April 19th, 2021

Greetings,

 

United States: The U. Michigan consumer sentiment index was below market forecasts, with the expectations component stalling this month.

Source: The Daily Shot

Near-term inflation expectations surged.

Source: The Daily Shot

House buying conditions deteriorated further. Will we see this trend reflected in the housing market?

Source: @TCosterg

 

Cryptocurrency: The weekend’s crypto selloff wiped out all of bitcoin’s gains over the past month …

Source: The Daily Shot

… and triggered mass liquidation (the chart shows changes in open interest).

Source: @skewdotcom

 

Energy: Global oil stockpiles are normalizing.

Source: @markets Read full article

 

Equities: Here is more evidence of speculative activity in the US equity market.

Source: @jessefelder; CNBC Read full article

 

Global Developments: Here are pandemic-driven stimulus levels in major economies.

Source: BofA Global Research

 

Food For Thought: Support for workers’ rights to collectively bargain:

Source: Morning Consult Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply