Greetings,
The United States: First, the payrolls report solidified the yield curve inversion.
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/US-11-10-2-tick2204040433.png)
The curve inversion doesn’t mean recession is imminent. The lead time from the 2s/10s inversion can range from seven months to 33 months.
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/RA-Inversion-to-recession2204040433.png)
Europe: Inflation continues to surge across Europe, partially driven by a 45% increase in the Energy CPI YoY.
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-CPI2204040433.png)
Also, European shares trade at a deepening discount to US peers.
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/EU-Valuations-v-US2204040433.png)
Cryptocurrency: Next, spikes in bitcoin’s trading volume tend to occur during the first and last weeks of the month.
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/BT-32204040433.png)
Energy: What are the components of crude oil price gains relative to March 2021?
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/EN-Attr4ibution-of-current-rally2204040433.png)
Equities: Has the stock/bond ratio peaked?
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Stock-bond-rat2204040433.png)
Food for Thought: The Oscars’ viewership over time:
![The Daily Shot Brief – April 4th, 2022](https://thedailyshot.com/wp-content/uploads/VTF-AAA-Oscars-viewership2204040433.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com