Greetings,
United States: The semiconductor industry requires significant R&D spending.

United Kingdom: Port delays continue to ease.

China: The yuan remains a minor component of global F/X reserves.

Equities: The most-shorted stocks are lagging again.

JP Morgan’s clients have boosted their short positions.

Credit: Banks have recouped some of their 2020 loan-loss provisions.

Food For Thought: Bad passwords:

Edited by Devon Lall
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.