Greetings,
Rates: Yield curves continue to flatten globally since the Fed’s hawkish surprise last week.
• The US:
Equities: Retail investors re-engaged in equities around mid-May when crypto markets came under pressure.
Commodities: Dry bulk shipping costs remain near multi-year highs.
Cryptocurrency: Beijing continues to pressure the nation’s bitcoin miners, who boosted domestic coal prices this year.
Emerging Markets: How do the recent currency moves compare to the 2013 taper tantrum?
Food for Thought: What animal could you beat in a fight?
Edited by Richard Holmes
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