The Daily Shot Brief – June 21st, 2022



The United States: To begin, the World Economics SMI report indicates that US business activity is already in contraction mode (SMI < 50). It appears that companies are now shedding jobs (lower left panel).

Source: World Economics


West Coast port delays continue to ease as inventories surge from slowing demand.

Source: Wells Fargo Securities


The Eurozone: The recent euro-area yield surge has been driven by real rates rather than inflation expectations.

Source: Morgan Stanley Research; @WallStJesus


Emerging Markets: The Colombian peso tanked in response to the election outcome (chart shows the US dollar surging against the peso).

Source: The Daily Shot
Source: Bloomberg  Read full article


Equities: There has been a pickup in risk-on areas of the market lately.

Source: @NautilusCap


Energy: Uranium ETF assets and flows have surged over the past year.

Source: Global X ETFs  Read full article


Food for Thought: NBA 3-pointers:

Source: Basketball Reference

Edited by William Villacis

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