Greetings,
The United States: Inflation is increasingly demand-driven, according to Deutsche Bank. Since demand can be subdued with a tighter monetary policy, this trend should encourage the Fed to keep raising rates.
Emerging Markets: The Chilean peso is crashing with copper.
The Colombian peso is under pressure as well, hurt by the political situation and softer oil prices.
Cryptocurrency: Bitcoin is trading in the lower end of the recent range. Haven’t we seen this movie a month ago?
Commodities: The dollar’s persistent strength is taking a toll on commodities.
Equities: Earnings downgrades are picking up speed.
Food for Thought: Lastly, let’s take a look at the most valuable asteroids.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
