Greetings,
United States: Initial jobless claims continue to ease. We should see a substantial drop in continuing claims (2nd chart) next month as several states terminate emergency benefits.
China: Bond yields have been declining, …
… with China’s debt outperforming other EM.
Cryptocurrency: Here is the history of bitcoin drawdowns.
Equities: Non-profitable tech continues to outperform as cryptos struggle.
Here is a basket of post-IPO stocks.
Global Developments: Global market-based inflation expectations have been climbing.
Food For Thought: New vaccinations in the US:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.