Greetings,
United States: To begin, inflation expectations in the US remain anchored, with the one- and three-year indicators continuing to diverge.
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/US-NYFed-Infl-Expect2204120439.png)
Rates: The recent drawdown in the US Treasury market has been extreme.
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/RA-Treas-Drawdown2204120439.png)
Equities: In equity markets, historical trends illustrate the consequences beyond the bond market of severe Treasury drawdowns.
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Severe-Teasury-drawdowns-tend-to-have-consequences2204120439.png)
Eurozone: Economists increasingly see the Eurozone moving toward stagflation. Here is the GDP forecast for 2022:
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-BBG-GDP2204120439.png)
And the inflation forecast for 2022:
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-BBG-CPI2204120439.png)
Cryptocurrency: In the crypto-sphere, Bitcoin’s 90-day correlation with the Nasdaq 100 reached a new high, which comes as Bitcoin fell through the bottom end of its 50-day moving average.
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/BT-22204120439.png)
Food for Thought: Lastly, let’s take a look at COVID-19 strains and their contagiousness vs. reduction in antibody effectiveness.
![The Daily Shot Brief – April 12th, 2022](https://thedailyshot.com/wp-content/uploads/VTH-Contagiousness-v-reduction-in-antibody-effectiveness2204120439.png)
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com