Greetings,
The United States: To begin, US durable goods orders topped expectations, with business investment holding up well despite the headwinds (note that these figures are not adjusted for inflation).
The Eurozone: Germany’s consumer sentiment hit a record low.
China: The Shanghai Shenzhen CSI 300 Index is entering overbought territory.
Emerging Markets: JP Morgan’s LatAm currency index is at support.
Equities: Equity analysts have been “behind the curve” and are now trying to catch up. Earnings downgrades are increasingly outpacing upgrades.
Commodities: Most commodities, especially base metals, are in a bear market.
Rates: Short-term rates volatility has been massive. Here is 2yr Treasury futures realized vol:
Food for Thought: Lastly, here is a diagram depicting training the immune system to attack cancer cells with personalized vaccines:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
