Greetings,
The United States: Let’s begin with the housing market. This estimate of housing affordability from Standard Chartered takes us back to the housing bubble era.
Emerging Markets: Russia’s inflation is surging.
Cryptocurrency: Energy companies have been getting into bitcoin mining.
Commodities: Next, fertilizer prices and shares of companies in that sector have been surging.
Equities: Stocks continue to rebound, with some analysts viewing the equity market as a “haven” against inflation.
Furthermore, the fear of rising rates we saw in recent months has magically evaporated. The Nasdaq 100 is suddenly correlated with Treasury yields.
Food for Thought: Lastly, let’s take a look at public spending on education.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
