Greetings,
Administrative Update
Please note that The Daily Shot will not be published on Thursday, Nov. 26th and Friday, Nov. 27th.
United States: US daily new COVID cases are approaching 200k.
Below is the share of US states (GDP-weighted) where daily infections are rising.
China: The renminbi has not moved into the “outright expensive” territory, according to BCA Research.
Commodities: Gold fund outflows have been severe on the back of the vaccine news.
Equities: Short interest in S&P 500 stocks continues to hit new lows.
Most of the losses that short sellers experienced this month were in tech stocks.
Rates: The US yield curve has been flattening. Some analysts expect the Fed to shift its purchases to longer-dated Treasuries while keeping the dollar amounts of QE unchanged.
Food For Thought: Video game players’ demographics:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
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