The Daily Shot Brief – February 24th, 2021

Greetings,

 

China: Hong Kong announced an increase in stamp duty on stock trades, sending shares sharply lower.

Source: Fortune Read full article

 

Emerging Markets: Here is the EM inflation cycle:

Source: IMF

 

Commodities: Many countries are trying to reduce their dependence on China for rare earths.

Source: Bloomberg Read full article

 

Equities: Jerome Powell reassured the markets that QE would continue for some time. Tech stocks reversed their downward trend.

Source: Daily Shot

 

Alternatives: Private equity investors get paid for giving up liquidity (in addition to holding leveraged firms).

Source: The Economist Read full article

 

Food For Thought: Which generation controls the Senate?

Source: r/dataisbeautiful

Edited by Devon Lall

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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