Greetings,
The United States: First, Treasury yields jumped following the hawkish FOMC minutes. The yield curve moved deeper into inversion.
Market-based inflation expectations keep drifting lower with oil.
The United Kingdom: The misery index is nearing the post-2008 peak.
China: Developer fundraising in bond markets is starting to pick up.
Emerging Markets: Brazil manufacturing PMI remains robust as exports reach a record high.
Energy: Weaker global economic activity will be a drag on oil demand.
Equities: Here is the 100-day moving average of the Nasdaq Composite’s high/low ratio. Entry point at 0.29?
Food for Thought: To finish, here is annual revenue since the founding of social media platforms:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com