Greetings,
United States: The CPI report surprised to the downside, with inflation easing in pandemic-sensitive sectors.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/US-CPI2109150435.png)
Treasury yields retreated in response to the CPI miss.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/US-CPI-M-10y2109150435.png)
Eurozone: Eurozone inflation, when broken into constituents, is largely due to higher commodity costs and supply chain issues.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/EZ-CPI-Breakdown2109150435.png)
Commodities: Bloomberg’s broad commodity index is hitting multi-year highs, boosted by gains in energy.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/CO-BBG2109150435.png)
Equities: Fund managers’ views on the economy have diverged from their stock allocations.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-FMS-Stronger-ECO2109150435.png)
Credit: CLO activity remains robust, …
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/CR-CLO-Issuance2109150435.png)
… as managers rush to close deals before the transition from LIBOR.
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/CR-CLO-ST2109150435.png)
Food for Thought: A minute on the internet:
![The Daily Shot Brief – September 14th, 2021](https://thedailyshot.com/wp-content/uploads/VTT-A-minute-on-the-internet2109150435.png)
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com