Greetings,
The United States: An updated economic expansion forecast from John Burns:
Asia: The central bank policy rate differential between Asia and the US is narrowing.
Rates: Higher bond yields typically boost the Treasury market’s implied volatility. But it’s not the case this time around. Are bond investors too complacent?
Equity Markets: This chart shows a massive short-squeeze, as the most actively shorted stocks (including retail) outperform sharply.
Emerging Markets: This chart shows the components of India’s CPI.
Food for Thought: Top-grossing North American concert tours:
Edited by Joseph Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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