The Daily Shot Brief – November 18th, 2021

Greetings,

 

United States: Residential construction activity is moderating, especially in single-family housing. Here are housing starts:

Source: The Daily Shot

And here’s permits:

Source: The Daily Shot

 

United Kingdom: Inflation surprised to the upside, adding to the BoE’s concerns about being behind the curve.

Source: The Daily Shot

 

Eurozone: The Eurozone-US inflation divergence has been a drag on the euro.

Source: The Daily Shot

 

Cryptocurrency: There is a large dominance of BTC call options expiring Dec. 31.

Source: @glassnode

 

Equities: Fund managers are increasingly concerned about early rate hikes derailing the rally.

Source: BofA Global Research

 

Food for Thought: Warm oceans:

Source: @NOAANCEI Read full article

Edited by Daniel Moskovits

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


If you would like to subscribe to the full-length Daily Shot (see example), please register here.

Leave a Reply