The Daily Shot Brief – May 16th, 2022

Greetings,

 

United States: University of Michigan’s consumer sentiment index dropped to the lowest level since 2011.

Source: Daily Shot

 

Europe: Next, let’s take a look at who is using internet banking in Europe.

Source: Bank of Italy Read full article

 

Cryptocurrency:  Bitcoin’s forward returns following a 55%+ drawdown tend to be flat or negative over the following six months.

Source: @Delphi_Digital

 

Commodities: Wheat futures surged this morning.

Source: Daily Shot
Source: @markets Read full article

 

Equities: Goldman cut its S&P 500 2022 year-end target from 4,700 to 4,300.

Source: Goldman Sachs

Which stock markets are in correction/bear-market territory?

Source: S&P Global Market Intelligence

 

Food for Thought: Lastly, here are the record-breaking auctions of 2021.

Source: Statista

 


Edited by Alexander Bowers

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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