Greetings,
The United States: Shipping rates appear to be stabilizing as the freight recession eases.
The United Kingdom: This chart shows the lengths of economic expansions.
Europe: Norway’s inflation forecasts were also revised higher.
Energy: WTI crude oil is trading above Deutsche Bank’s fair value estimate based on the dollar and global growth.
Equities: As the Fed pauses rate hikes, the stock market performance will depend on whether the US enters a recession.
Rates: Unlike state and local governments, the US Treasury did not term out more of its debt, which is resulting in sharply higher interest expenses.
Food for Thought: Assets by generation:
Edited by Josh Oldmixon
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
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