The Daily Shot Brief – April 22nd, 2024

Greetings,

 

The United States: The market continues to scale back its expectations for Fed rate cuts in 2024.

Source: The Daily Shot
Source: The Daily Shot

 

The United Kingdom: Capital Economics sees more substantial rate cuts for the UK and US than is priced into the market.

Source: Capital Economics

 

Commodities: Industrial metals continue to rally.

Source: The Daily Shot

 

Equities: The Magnificent 7 also posted six consecutive losses.

Source: The Daily Shot

 

Rates: Goldman sees Treasury yields declining by the end of the year.

Source: Goldman Sachs; @MikeZaccardi

 

Food for Thought: States with the fewest young homeowners:

Source: Agent Advice

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com



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