United States: The 2-year Treasury yield climbed above 0.7% as traders bet on a more hawkish Fed policy.
The market is now nearly certain that we will see three rate hikes next year.
Eurozone: COVID cases appear to have peaked in Germany, …
… but the number of patients in intensive care is climbing.
Energy: According to ANZ, OPEC will take its oil production above pre-COVID levels next year.
Equities: US equities have outperformed global stocks as new COVID variants emerged (foreign investors move capital into the US).
Global Developments: How would you describe labor availability?
Food for Thought: COVID virus RNA presence in Massachusetts sewer water (Deer Island Treatment Plant):
Edited by Daniel Moskovits
Contact the Daily Shot Editor: Editor@DailyShotLetter.com