Greetings,
United States: US consumers now view the buying conditions for houses as worst in years, as prices surge (2 charts).
Europe: French business bankruptcies tumbled since the start of the pandemic (due to state aid), even as debt levels surged.
Energy: Will underinvestment in oil extraction exacerbate the market deficit over the next few years?
This chart shows the OPEC+ spare capacity (“other OPEC+” is mostly Kazakhstan).
Equities: Equities and fixed-income markets are sending different signals on inflation, …
… amid massive inflows into inflation-sensitive stocks.
Credit: Here is a look at the US corporate bond market-cap by rating …
…and duration by rating category.
Food for Thought: Undernourishment, diet composition, and income:
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com
