The Daily Shot Brief – November 22nd, 2021



Administrative Update: As a reminder, The Daily Shot Brief will not be published on November 24th, 25th, and 26th.


United States: The recent surge in inflation and robust labor markets are forcing the Federal Reserve to take a more hawkish stance. The probability of two rate hikes by next July climbed to 60%.

Source: The Daily Shot

Short-term yields increased further, …

Source: The Daily Shot

… as the yield curve continues to flatten.

Source: The Daily Shot


China: The renminbi continues to surge against a basket of currencies.

Source: The Daily Shot


Emerging Markets: EM shares continue to underperform.

Source: The Daily Shot


Equities: Cyclical sectors continue to outperform defensives.

Source: The Daily Shot


Credit: Bank lending standards on US commercial real estate continue to ease.

Source: Federal Reserve Read full article


Food for Thought: Deterioration in mental health during the COVID era:

Source: @stescarpetta Read full article

Edited by Daniel Moskovits

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