United States: Is the US facing stagflation? Not quite.
But “slowflation” is a possibility.
Eurozone: The recent rise in Eurozone inflation was largely due to the rebound in energy prices.
Asia-Pacific: Covid cases in Australia are surging.
Energy: Brent crude is trading near $85/bbl.
US gasoline futures are approaching $2.50/gal for the first time since 2014.
Equities: The valuation spread between US and European stocks continues to widen.
Food for Thought: Job happiness by age:
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com