Greetings,
The United States: Job openings declined sharply in March, indicating that labor market imbalances are continuing to ease. Per Powell’s comments, this suggests that the Fed’s tight monetary policy is reducing demand
Canada: The TSX materials sector has significantly outperformed its US peers over the past two months driven by the rally in gold and silver prices.
Cryptocurrency: Was the SEC right about potential liquidity issues with crypto ETFs? IBIT has been trading at a substantial discount to NAV.
Equities: Treasury yields matter again for the Magnificent 7 stocks.
Commodities: Cocoa futures tumbled another 11% on Wednesday.
Rates: Much of the pressure on Treasuries has occurred during overnight trading sessions.
Food for Thought: Financial sector cyberattacks:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
Subscribe to the Daily Shot Brief
