The Daily Shot Brief – April 22nd, 2021

Greetings,

 

Canada: The Bank of Canada struck a hawkish tone, diverging from the Fed.

Source: Bloomberg Read full article
Source: Insider.com Read full article

The loonie and bond yields climbed.

Source: The Daily Shot
Source: The Daily Shot

 

United States: Over the past decade, US CapEx has massively deviated from the historical trend, becoming a drag on productivity. Will we see the trend reversing during the current decade?

Source: Pantheon Macroeconomics

Here are some of the reasons companies are not spending on CapEx over the next six months.

Source: BofA Global Banking & Markets

 

Eurozone: ING sees the euro as undervalued relative to USD.

Source: ING

 

Emerging Markets:  The Turkish lira remains vulnerable.

Source: The Daily Shot

 

Equities: VIX has been hitting lower levels as the S&P 500 touched new highs this year.

Source: Goldman Sachs; @lena_popina, @TheTerminal Read full article

 

Food For Thought: Vaccine companies’ stocks:

Source: Visual Capitalist Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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