The Daily Shot Brief – May 21th, 2021

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.

Source: Oxford Economics

 

China: Bond yields have been declining, …

Source: The Daily Shot

… with China’s debt outperforming other EM.

Source: Bloomberg Read full article

 

Cryptocurrency: Here is the history of bitcoin drawdowns.

Source: Visual Capitalist Read full article

 

Equities: Non-profitable tech continues to outperform as cryptos struggle.

Source: The Daily Shot

Here is a basket of post-IPO stocks.

Source: The Daily Shot

 

Global Developments: Global market-based inflation expectations have been climbing.

Source: Arbor Research & Trading

 

Food For Thought: New vaccinations in the US:

Source: Mizuho Securities USA

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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