The Daily Shot Brief – October 13th, 2021



United States: A record share of businesses are boosting wages and plan to keep doing so in the months ahead. The cost of labor is becoming more of a problem.

Source: Daily Shot


Canada: The market is now certain that the BoC will hike rates on or before April.

Source: Daily Shot


China: The blowout in bond spreads could boost equity volatility.

Source: Bloomberg


Cryptocurrency: Jamie Dimon says bitcoin is worthless

Source: Reuters Read full article


And the IMF warned of significant risk regarding the adoption of crypto as legal tender.

Source: CoinDesk Read full article


Global Developments: Finally, here is the share of government debt held by central banks.

Source: BIS Read full article


Food for Thought: Why workers haven’t unionized:

Source: @AmerCompass

Edited by Devon Lall

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