Greetings,
United States: Price pressures in the service sector are expected to boost core consumer inflation (the core PCE is the Fed’s preferred metric).
US inflation reports have been surprising to the upside.
Eurozone: Evercore ISI forecasts a rebound in year-over-year real GDP growth of 4.2% in Q4.
Cryptocurrencies: As the stock market gains slow, the Reddit crowd floods into crypto – the more speculative, the better. Dogecoin has gone parabolic.
So why not have a cat-themed coin now?
Equities: Investors are increasingly concerned about inflation. Below is a recently launched inflation-sensitive equity ETF.
Rates: Inflation fears are pushing investors back into TIPS.
Food For Thought: Tech industry’s collective action:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
