Greetings,
The United States: Wholesale used vehicle prices are down almost 15% from a year ago.
Weaker fertilizer prices signal lower food inflation ahead.
Europe: Are outflows from European equity funds over?
Cryptocurrency: Investors are betting that the GBTC discount to NAV will narrow.
Commodities: Palladium has not participated in the precious metals rally.
Equities: The S&P 500 will face resistance near 4,000.
Global Developments: The market is sitting on significant USD cash exposure, which is vulnerable to further liquidation as the dollar’s safe-haven appeal declines, according to Deutsche Bank.
Food for Thought: Here’s a look at the global Lorenz Curve.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
