United States: As the pandemic eases, businesses will need to boost wages to attract and retain staff.
Tight labor markets may drive wage inflation.
Higher commodity prices are unlikely to create a sustained increase in inflation. But persistent wage gains could.
Emerging Markets: India’s central bank left rates unchanged as the COVID situation worsens.
Will Argentina default on its IMF debt?
Cryptocurrency: An activist family office wants Grayscale to fix the widening discount to NAV.
China has launched its digital currency, giving Beijing additional control over consumers and commerce. Will the digital yuan become popular in countries outside of China?
Equities: How much could corporate taxes rise (2 charts)?
What would be the impact of tax hikes on earnings?
Global Developments: Global international debt is mostly in US dollars.
Food For Thought: The history of the English language:
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com