Greetings,
United States: It appears that the debt ceiling showdown has been averted for now.
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/US-Debt-ceiling3-ST2112080435.png)
China: China’s government bonds have outperformed EM and US debt.
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/CH-Yuan-bonds-outperform2112080435.png)
Energy: Investment in hydrogen production has exploded.
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/EN-Investment-in-hydrogen-prod2112080435.png)
Equities: Buybacks have been a key component of US large-cap returns.
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/EQ-Buybacks-have-been-a-key-component-of-US-large-cap-returns2112080435.png)
Credit: The LIBOR deadline generated a surge in CLO issuance going into the year-end.
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/CR-US-CLO-Issuance2112080435.png)
Food for Thought: NYC taxi medallion prices:
![The Daily Shot Brief – December 8th, 2021](https://thedailyshot.com/wp-content/uploads/VTB-NYC-taxi-medallion-prices2112080435.png)
Edited by Devon Lall
Contact the Daily Shot Editor: Editor@DailyShotLetter.com