Greetings,
United States: The CPI peak projections keep getting pushed out by economists
The labor market remains tight, with the job openings report topping expectations.
Equities: Small caps have been resilient in the recent selloff, with microcaps outperforming over the past week.
Eurozone: European natural gas futures tumbled but remain well above the previous peak.
Energy: The U.A.E reversed on its standing with Saudi Arabia and ally Russia under pressure from the U.S., a key security partner and weapons supplier.
Emerging Markets: LatAm equities and currencies have been outperforming in recent weeks.
Food for Thought: Shopping mall visits relative to 2019:
Edited by William Villacis
Contact the Daily Shot Editor: Editor@DailyShotLetter.com