Greetings,
The United States: Wealth destruction has been massive in this cycle, which is likely to create a drag on consumption.
![](https://thedailyshot.com/wp-content/uploads/US-Wealth-destruction-has-been-massive-which-is-likely-to-create-a-drag-on-consumption2206200434.png)
China: Housing starts and property transactions have reached extreme lows. Are we near the bottom?
![](https://thedailyshot.com/wp-content/uploads/CH-Housing-starts-v-proprty-transactions2206200434.png)
Cryptocurrency: There was some panic selling over the weekend. Bitcoin dipped below $18k but rebounded to trade near $20k again.
![](https://thedailyshot.com/wp-content/uploads/BT-BTC2206200434.png)
Also, Ether dipped below $900, but is now trading near $1,100
![](https://thedailyshot.com/wp-content/uploads/BT-ETH2206200434.png)
Commodities: For the most part, key commodities markets were down last week.
![](https://thedailyshot.com/wp-content/uploads/CO-Returns2206200434.png)
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).
![](https://thedailyshot.com/wp-content/uploads/EQ-BuyWrite2206200434.png)
Food for Thought: Lastly, let’s take a look at economies ranked by projected GDP.
![](https://thedailyshot.com/wp-content/uploads/VTC-Economies-ranked-by-projected-GDP2206200434.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com