United States: The Fed’s Beige Book report shows rapidly improving economic conditions (2 charts).
United Kingdom: UK imports have shifted toward China since 2018.
China: Fertility rate:
Beijing’s response to deteriorating demographics:
Cryptocurrencies: Bitcoin is correlated to market sentiment (it’s a risk asset, not a safe-haven asset):
Energy: Global crude oil inventories will continue to tighten, according to OPEC.
This chart shows energy mixes by region.
Food for Thought: What bothers Americans about the federal tax system?
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com