The Daily Shot Brief – March 29th, 2021



Administrative Update: Please note that The Daily Shot will not be published this Friday, April 2nd.


United States: The updated U. Michigan consumer sentiment index improved further in the second half of the month.

Source: The Daily Shot


Eurozone: Investors have soured on the euro.

Source: @Callum_Thomas


Cryptocurrency: Bitcoin funds continue to see outflows.

Source: @ISABELNET_SA, @jpmorgan

Technicals suggest that bitcoin and ethereum are overbought, with support around $40K and $1,300, respectively (2 charts).

Source: BCA Research
Source: BCA Research


Equities: The forced position unwind at Archegos Capital resulted in a massive selloff in some stocks.

Source: CNBC Read full article
Source: The Daily Shot


Global Developments: What happened to asset prices during the 1970s when inflation spiked?



Food For Thought: Vaccine attitudes:

Source: Deutsche Bank Research

Edited by Devon Lall

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