Greetings,
The United States: Wealth destruction has been massive in this cycle, which is likely to create a drag on consumption.
China: Housing starts and property transactions have reached extreme lows. Are we near the bottom?
Cryptocurrency: There was some panic selling over the weekend. Bitcoin dipped below $18k but rebounded to trade near $20k again.
Also, Ether dipped below $900, but is now trading near $1,100
Commodities: For the most part, key commodities markets were down last week.
Equities: The buy-write strategy on the S&P 500 has been outperforming. Selling calls in the high-volatility environment has been lucrative (more information here).
Food for Thought: Lastly, let’s take a look at economies ranked by projected GDP.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
