The Daily Shot Brief – February 21st, 2024

Greetings,

 

The United States: While the six-month changes in the indicator continue to suggest recessionary conditions, the Conference Board no longer anticipates a recession.

Source: The Daily Shot
Source: Reuters

 

The Eurozone: The current account surplus widened.

Source: The Daily Shot

 

China: Dollar-denominated HY bonds are rebounding.

Source: The Daily Shot

 

Cryptocurrency: Litecoin has not been participating in the latest crypto rally.

Source: The Daily Shot

 

Equities: S&P 500 bullish sentiment appears stretched.

Source: Longview Economics

 

Food for Thought: Number of debit/credit card transactions per month:

Source: BofA Global Research; @MikeZaccardi

 


Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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