The Daily Shot Brief – June 20th, 2022

Greetings,

 

The United States: Wealth destruction has been massive in this cycle, which is likely to create a drag on consumption.

Source: BCA Research

 

China: Housing starts and property transactions have reached extreme lows. Are we near the bottom?

Source: Longview Economics

 

Cryptocurrency: There was some panic selling over the weekend. Bitcoin dipped below $18k but rebounded to trade near $20k again.

Source: Daily Shot

Also, Ether dipped below $900, but is now trading near $1,100

Source: Daily Shot

 

Commodities: For the most part, key commodities markets were down last week.

Source: Daily Shot

 

Equities: The buy-write strategy on the S&P 500 has been outperforming. Selling calls in the high-volatility environment has been lucrative (more information here).

Source: Daily Shot

 

Food for Thought: Lastly, let’s take a look at economies ranked by projected GDP.

Source: Visual Capitalist Read full article

 


Edited by Alexander Bowers

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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