Greetings,
The United States: The implied terminal rate climbed above 5.6%. Are we headed for 6%?
The United Kingdom: The pound is breaking below support.
Equities: Despite recent underperformance, tech mega-caps are still expensive.
Rates: The 2-year Treasury yield has been following the Citi Economic Surprise Index.
The Eurozone: Pantheon Macroeconomics sees the ECB ramping up QT later this year.
Cryptocurrency: Fundraising in crypto gaming jumped 79% over the past two months.
Food for Thought: Top-paid US CEOs:
Edited by Josh Oldmixon
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