The Daily Shot Brief – May 22nd, 2023

Greetings,

 

The United States: Wholesale used vehicle prices were lower again this month.

Source: The Daily Shot

 

Fed officials are indicating that there will be no rate increase in June. Market expectations got repriced on Friday in response to Fed signals.

Source: @catarinasaraiva, @RichMiller28, @economics  Read full article
Source: The Daily Shot

 

Equities: Equity fund flows have flattened out. Outflows next?

Source: BofA Global Research

 

The Eurozone: The DAX hit a record high last week.

Source: @financialtimes  Read full article
Source: The Daily Shot

 

China:  Beijing indicated it was unhappy about the renminbi’s sharp decline. The currency jumped on Friday but is retreating again today.

Source: @markets  Read full article
Source: The Daily Shot

 

Energy: US rig count is now down on a year-over-year basis.

Source: The Daily Shot

 

Food for Thought: Lastly, here is the duration of MLB games:

Source: semafor

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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