Greetings,
Equities: The Magnificent 7 stocks have been struggling as a group.
Earnings revision breadth has rolled over.
Europe: European earnings estimates have been rising.
The United States: Texas-area manufacturing activity dropped sharply this month amid growing uncertainty.
Cryptocurrency: Crypto funds saw another week of outflows.
Commodities: Gold inventories at Comex warehouses have surged as a physical squeeze in Europe pushes more metal into the U.S. Meanwhile, gold lease rates have spiked, reflecting heightened demand for bullion and a reluctance to lend.
Emerging Markets: Here is a look at total private lending in Argentina (year-over-year).
Food for Thought: Declining academic performance among US students:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
Subscribe to the Daily Shot Brief
