The Daily Shot Brief – October 13th, 2021

Greetings,

 

United States: A record share of businesses are boosting wages and plan to keep doing so in the months ahead. The cost of labor is becoming more of a problem.

The Daily Shot Brief – October 13th, 2021
Source: Daily Shot

 

Canada: The market is now certain that the BoC will hike rates on or before April.

The Daily Shot Brief – October 13th, 2021
Source: Daily Shot

 

China: The blowout in bond spreads could boost equity volatility.

The Daily Shot Brief – October 13th, 2021
Source: Bloomberg

 

Cryptocurrency: Jamie Dimon says bitcoin is worthless

The Daily Shot Brief – October 13th, 2021
Source: Reuters Read full article

 

And the IMF warned of significant risk regarding the adoption of crypto as legal tender.

The Daily Shot Brief – October 13th, 2021
Source: CoinDesk Read full article

 

Global Developments: Finally, here is the share of government debt held by central banks.

The Daily Shot Brief – October 13th, 2021
Source: BIS Read full article

 

Food for Thought: Why workers haven’t unionized:

The Daily Shot Brief – October 13th, 2021
Source: @AmerCompass

Edited by Devon Lall

Contact the Daily Shot Editor: Editor@DailyShotLetter.com


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