Greetings,
United States: The NY Fed’s May manufacturing report (first regional survey of the month) was weaker than expected.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/US-empire2106160432.png)
Supplier delays worsened this month, …
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/US-Empire-delivery2106160432.png)
… which has been a national trend.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/US-delivery-times2106160432.png)
Europe: The bulk of the new COVID cases (new variant) are younger people, suggesting that vaccines have been effective.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/UK-vaccines2106160432.png)
Cryptocurrency: Bitcoin is nearing resistance at $42k.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/BT-BT2106160432.png)
Equities: Analysts continue to upgrade their S&P 500 earnings estimates.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Analysys-continue-to-upgrade-SPX-earnings-forecasts2106160432.png)
Rates: Negative yields make T-bills less attractive to foreigners.
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/RA-neg-ylds-make-T-bills-less-attractive-to-foreigners2106160432.png)
Food for Thought: Changes in US labor force participation by age:
![The Daily Shot Brief – June 16th, 2021](https://thedailyshot.com/wp-content/uploads/VTW-AAA-Change-in-labor-foce-particip-by-age2106160432.png)
Edited by Richard Holmes
Contact the Daily Shot Editor: Editor@DailyShotLetter.com