Greetings,
Equities: Tech stocks have widened their underperformance, with the Nasdaq 100 losing over 4% in the last few days.
Credit: Banks have started easing lending standards for business credit this year.
Rates: Market-based inflation expectations keep grinding higher.
However, the long end of the inflation swap curve remains relatively well anchored. The market expects the Fed to get inflation under control over the long run.
Energy: Will the number of US gas rigs pick up as natural gas prices recover?
United Kingdom: Markets expect the BOE will be the next G10 central bank to turn hawkish.
Food For Thought: What is the Gulf Stream?
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
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