The Daily Shot Brief – May 23rd, 2022

Greetings,

 

Equities: The pandemic-era bull market came very close to officially ending on Friday. The earnings report from Deere spooked investors.

Source: Daily Shot
Source: Bloomberg Read full article

 

Commodities:  Precious metals ETF flows have turned positive.

Source: Daily Shot

Also, lumber tumbled last week amid signs of weakness in the US housing market.

Source: Daily Shot

 

Cryptocurrency: China’s bitcoin miners are back online despite the nation’s ban last year.

Source: CoinDesk Read full article

 

Europe: Germany’s producer prices are up 33.5% from a year ago.

Source: Daily Shot

 

United States: Recession fears have reached a feverish pitch, as financial conditions tighten.

Source: Daily Shot

 

Food for Thought: Lastly, let’s take a look at projected inflation rates for 2022.

Source: Statista

 


Edited by Alexander Bowers

Contact the Daily Shot Editor: Brief@DailyShotResearch.com


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