Greetings,
United States: Seven Fed rate hikes for 2022 are now fully priced in. The chart below shows the futures market’s expectations for rate increases (in addition to the 25 bps hike this month).
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/US-7-hikes-now-fully-priced-in2203150434.png)
Eurozone: Economists have sharply reduced their GDP forecasts while bumping up inflation projections – a stagflationary trend.
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-BBG2203150434.png)
As a result, fund managers are very bearish Eurozone shares.
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-FMS-Bearish-on-EZ2203150434.png)
China: Investors worry that China’s firms may get caught up in the anti-Russia sanctions. The index of US-traded Chinese shares is down 75% from the peak.
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/CH-HS-Drawdown22203150434.png)
Commodities: Fund managers now see the commodities bet as the most crowded trade.
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/CO-FMS-CO-crowded-trade2203150434.png)
Equities: The Nasdaq 100 is in bear-market territory.
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-NDX-Drawdown2203150434.png)
Food for Thought: Military equipment losses after Russia’s Invasion:
![The Daily Shot Brief – March 15th, 2022](https://thedailyshot.com/wp-content/uploads/VTG-AAAA-Military-equipment-losses-after-RussiaQs-invasion2203150434.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com