Administrative Update: Please note that The Daily Shot Brief will not be published next Friday, April 15th.
The United States: In the US, housing market sentiment has deteriorated to multi-year lows, according to Fannie Mae.
The Eurozone: The ECB continues to get surprised by the euro-area inflation spike, raising the market’s rate hike projections.
China: Beijing hinted at monetary easing…
…amid new COVID lockdowns.
Energy: OPEC’s under-production has been worsening.
Equities: As the Fed is poised to enter a fast tightening cycle, hedge funds have been cutting back their exposure to stocks.
Emerging Markets: The ruble has recovered to pre-war levels after the Bank of Russia limited foreign selling and encouraged domestic buying.
Food for Thought: Lastly, here are the square meters of prime property that can be purchased for $1 million in the world.
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com