The Daily Shot Brief – February 19th, 2021

Greetings,

 

United States: Jobless claims remain elevated with no signs of tapering.

Source: Oxford Economics

 

Eurozone: Euro-area consumer confidence remains soft, …

Source: The Daily Shot

… which may be a drag on retail sales.

Source: Pantheon Macroeconomics

 

Energy: Natural gas prices in the Houston ship channel hit new highs due to disruptions.

Source: @WSJ Read full article

 

Equities: Short interest has declined throughout the US stock market.

Source: S&P Global Market Intelligence

Here is a look at short interest by sector.

Source: S&P Global Market Intelligence

 

Rates: Treasury volatility (MOVE) has risen relative to VIX.

Source: Chris Murphy; Susquehanna Derivatives Strategy

 

Food For Thought: 2020 was a warm year:

Source: NASA Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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