Greetings,
Administrative Update: As a reminder, The Daily Shot Brief will not be published on November 24th, 25th, and 26th.
United States: The stock market initially cheered Jerome Powell’s reappointment. But then the realization set in that the Fed is now on course to accelerate monetary tightening.
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/US-3-EQ2111230442.png)
Eurozone: On the surface, issuance pressure is decreasing next year, but if lower ECB purchases are included, net issuance will actually increase, pushing yields higher.
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EZ-ECB-purchases2111230442.png)
Emerging Markets: Worries about Russia invading Ukraine persist.
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EM-RU-ST2111230442.png)
Commodities: This chart shows the decomposition of silver demand.
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/CO-Decomposition-of-silver-demand2111230442.png)
Energy: Americans increasingly support nuclear energy.
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/EN-Support-for-Nuke-US2111230442.png)
Food for Thought: US consumer spending in November:
![The Daily Shot Brief – November 23rd, 2021](https://thedailyshot.com/wp-content/uploads/VTC-Consumer-spending-in-November-AAA2111230442.png)
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com