Greetings,
Rates: The 3x leveraged long-term Treasury ETF is experiencing massive inflows, indicating that some investors believe Treasury yields are peaking.
Credit: High-yield bond spreads are the tightest they’ve been since before the GFC.
Cryptocurrency: Short liquidations continued to spike after BTC/USD accelerated past $80K.
The United States: Stocks that tend to benefit from higher inflation have been outperforming.
Equities: Global investors remain enthusiastic about US equities.
China: Economic momentum is starting to improve.
Commodities: Lithium miners are cutting production, sending prices higher.
Food for Thought: The US military is grappling with mounting recruitment challenges.
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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