Greetings,
The United States: Mortgage rates, including jumbo loans, are off the highs.
The Eurozone: How much additional tightening should we expect from the ECB?
Italy’s bond spread to Germany widened after the ECB’s emphasis on quantitative tightening.
Japan: The one-day yen surge was the biggest since 1998 after the BoJ widened the trading band for the 10yr JGB.
Emerging Markets: India-related M&A fees have exceeded China’s.
Energy: Despite higher prices, US energy companies are returning cash to shareholders rather than boosting CapEx.
Equities: No Santa rally this year.
By the way, here is the ARK Innovation ETF overlaid on top of the Nasdaq Composite during the dot-com bubble/crash.
Food for Thought: Lastly, here’s a look at Americans’ top five Christmas movies.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
