Greetings,
The United States: The seasonally-adjusted gain in housing starts was the highest in decades
The United Kingdom: The CPI report delivered yet another shocker, with core inflation breaching 7%. We will have more on the inflation report tomorrow.
Emerging Markets: South Africa’s leading indicator tumbled in April.
Cryptocurrency: The Crypto Fear & Greed Index entered “greed” territory on Tuesday.
Commodities: Shares of gold miners took a hit on Tuesday.
Equities: US stocks’ rolling 10-year Sharpe ratio crossed above one before entering the recent bear market. This is consistent with previous bubble peaks.
Food for Thought: Lastly, the change in workers relocating for a new job:
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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