The United States: Here is an updated “recession dashboard” from Credit Suisse.
Equity Markets: April saw meaningful inflows into US large-cap funds.
Commodities: Electric car production will significantly boost demand for copper, nickel, lithium, and cobalt.
Credit: Leveraged loan balances are approaching that of high-yield bonds. The last time the two came close was in 2008.
Emerging Markets: Colombia’s economy is recovering from last year’s slump.
Rates: Foreign demand for Treasuries has slowed.
Cryptocurrency: Here is an updated crypto market-value comparison.
Global Developments: Business investment in advanced economies is expected to increase.
Food for Thought: How much does your auto insurance company hike your rate after a major claim?
Edited by Joseph N Cohen
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Thanks to Josh Marte (@joshdigga), Matt Garrett (@MattGarrett3), Joseph Cohen (@josephncohen), Ycharts.com, S&P Global, and Moody’s Investors Service for helping with the research for the Daily Shot.
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