The Daily Shot Brief – June 30th, 2022

Greetings,

 

The United States: To begin, mortgage applications to purchase a home dropped sharply last week and are now down 24% vs. last year.

Source: The Daily Shot

 

Tight financial conditions will substantially boost recession risks by mid-2023 according to Deutsche Bank.

Source: Deutsche Bank Research

 

The Eurozone: Spain’s inflation continues to surge, hitting 10% this month.

Source: The Daily Shot

 

China: Diverging monetary policy paths resulted in China’s bonds sharply outperforming Treasuries.

Source: Gavekal Research

 

Energy: Gasoline inventories are starting to recover.

Source: EIA

 

Equities: Will the S&P 500 break below the 3-year moving average?

Source: BCA Research

 

Credit: Airline bonds have been selling off.

Source: The Daily Shot
Source: Bloomberg Law  Read full article

 

Food for Thought: Lastly, here is bike use as a primary mode of transportation for short trips:

Source: @financialtimes  Read full article

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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