Greetings,
The United States: Let’s begin with the housing market. This estimate of housing affordability from Standard Chartered takes us back to the housing bubble era.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/US-Housing-affordability2203230438.png)
Emerging Markets: Russia’s inflation is surging.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EM-RU-CPI-is-surging2203230438.png)
Cryptocurrency: Energy companies have been getting into bitcoin mining.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/BT-Energy-companies-have-been-getting-into-bitcoin-mining2203230438.png)
Commodities: Next, fertilizer prices and shares of companies in that sector have been surging.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/CO-Fertilizer2203230438.png)
Equities: Stocks continue to rebound, with some analysts viewing the equity market as a “haven” against inflation.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EQ-ESA2203230438.png)
Furthermore, the fear of rising rates we saw in recent months has magically evaporated. The Nasdaq 100 is suddenly correlated with Treasury yields.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EQ-NDX-v-10y2203230438.png)
Food for Thought: Lastly, let’s take a look at public spending on education.
![The Daily Shot Brief – March 23rd, 2022](https://thedailyshot.com/wp-content/uploads/VTE-Public-spending-on-education2203230438.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com