The Daily Shot Brief – April 26th, 2021



United States: New home sales surged in March, topping economists’ forecasts.

Source: The Daily Shot

The southern US drove the spike in sales, while activity declined in the West.

Source: Piper Sandler


China: US listings by Chinese companies increased sharply this year.

Source: Bloomberg Read full article


Emerging Markets: In Russia, the central bank hiked rates by 50 bps in response to rising inflation (the market expected 25 bps).

Source: Bloomberg Read full article
Source: The Daily Shot


Commodities: The rally in industrial commodities continues.

US copper futures:

Source: The Daily Shot

Steel futures in China:

Source: The Daily Shot


Equities: US economic strength relative to the rest of the world has boosted domestic-focused cyclical companies vs. those that sell internationally.

Source: Goldman Sachs, @WallStJesus


Food For Thought: US daily vaccinations:

Source: @bespokeinvest

Edited by Daniel Moskovits

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