Greetings,
The United States: The Conference Board’s US leading index experienced another decline last month, albeit a smaller decrease than anticipated.
The index has never experienced such a large 6-month decline without a recession.
The Eurozone: What should we expect from the ECB this week? Here are some scenarios, including market impact (from ING).
Energy: Oil prices climbed amid Middle East tensions on Monday, with Brent now firmly above its 50-day moving average.
Equities: The Dow climbed above 38k for the first time.
With short-term rates above 5%, using in-the-money stock options for interest rate arb is popular again.
Global Developments: Container ship capacity is expected to surge this year.
Food for Thought: Tax revenue as a percentage of GDP:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com