Greetings,
The United States: In the US, goods inflation is expected to moderate moving forward, even as services CPI continues to climb.
Equities: In equity markets, earnings estimates have been strengthening despite projections for slower GDP growth.
Energy: US crude oil production is nearing 12 million barrels per day.
The US Strategic Petroleum Reserve is expected to tumble in the months ahead.
China: The World Economics SMI report shows business activity in China in contraction territory this month, as outlook worsens.
Emerging Markes: This chart from IMF shows sovereign CDS changes since February 23rd.
Food for Thought: Lastly, let’s take a look at commercial drone deliveries:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
