Greetings,
The United States: The GDP impact of tightening financial conditions (which peaked in mid-2022) should ease this year.

Equities: Here are year-to-date US equity fund flows by fund group.

The Eurozone: Euro-area financial stocks are improving in absolute and relative terms.

Japan: Nominal wages surged in December.


Europe: The Swedish krona has been under pressure (chart shows EUR gaining against SEK).


Rates: Foreign demand for US Treasuries strengthened in December.

Energy: The copper price has sharply diverged from the Brent oil price.

Food for Thought: Here is the Chinese spy balloon’s path across North America:

Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com