Greetings,
China: Hong Kong announced an increase in stamp duty on stock trades, sending shares sharply lower.
Emerging Markets: Here is the EM inflation cycle:
Commodities: Many countries are trying to reduce their dependence on China for rare earths.
Equities: Jerome Powell reassured the markets that QE would continue for some time. Tech stocks reversed their downward trend.
Alternatives: Private equity investors get paid for giving up liquidity (in addition to holding leveraged firms).
Food For Thought: Which generation controls the Senate?
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
