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](https://thedailyshot.com/wp-content/uploads/US-NFIB-Comp2110130433.png)
Canada: The market is now certain that the BoC will hike rates on or before April.
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/CA-Hike2110130433.png)
China: The blowout in bond spreads could boost equity volatility.
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/CH-VIX-v-HY2110130433.png)
Cryptocurrency: Jamie Dimon says bitcoin is worthless
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/BT-Worthless2110130433.png)
And the IMF warned of significant risk regarding the adoption of crypto as legal tender.
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/BT-Worthless22110130433.png)
Global Developments: Finally, here is the share of government debt held by central banks.
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/GL-Share-of-gov-debt-held-by-CBs2110130433.png)
Food for Thought: Why workers haven’t unionized:
![The Daily Shot Brief – October 13th, 2021](https://thedailyshot.com/wp-content/uploads/VTW-Why-workers-havent-unionized2110130433.png)
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com