Greetings,
The United States: The February ADP private payrolls index topped expectations.
The Beveridge Curve also points to an imbalance.
Equities: Will peak inflation spark a recovery for the S&P 500?
BofA’s Global Wealth & Investment Management Survey shows a massive preference for bonds over equities.
Credit: This chart shows S&P’s reasons for potential credit downgrades
Canada: The loonie is under pressure as the BoC leaves rates unchanged.
China: The PPI moved deeper into negative territory. This is good news for inflation in the US.
Food for Thought: Here are battery manufacturing forecasts:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.