The Daily Shot Brief – March 3rd, 2021



Equities: The stock market is vulnerable to an increase in real rates as the S&P 500 – TIPS yield correlation moves further into negative territory.

Source: Cormac Mullen


Credit: Loan loss provisions among large US banks are below pre-crisis levels but are still high as a percent of total loans. This means banks have extra balance sheet capacity.

Source: Longview Economics


Rates: Rate implied volatility dropped sharply on Tuesday.

Source: Bloomberg


Eurozone: Dublin is the destination of choice for finance firms leaving the UK.

Source: EM Phil Loans Read full article


United States: Consumers continue to lose interest in borrowing.

Source: Arbor Research & Trading


Food For Thought: US cigarette sales stopped declining last year.

Source: @WSJ Read full article

Edited by Devon Lall

Contact the Daily Shot Editor:

If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply