Greetings,
The United States: Total consumer credit is now above the pre-COVID trend.
In the labor market, job gains have been the highest in sectors that experienced the biggest COVID-shock losses.
Equities: US shares with higher international sales have been outperforming as the dollar weakens and China reopens.
Credit: The largest HY ETF saw a hefty capital inflow last week.
Emerging Markets: EM stocks are officially in a bull market.
Japan: The 10yr JGB is once again testing the BoJ’s resolve, with some trades taking place above the 0.5% cap.
Global Developments: Hedge funds are boosting their bets against the dollar.
Food for Thought: Lastly, here are cold and flu medicine preferences:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
