Greetings,
Administrative Update: As a reminder, The Daily Shot Brief will not be published this Friday.
United States: First, the March PPI report bore daunting results, coming in well above consensus estimates. The monthly increase in producer prices (2nd panel below) was the highest in years.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/US-PPI2204140459.png)
Alongside this, the share of CPI items with 4% or higher price gains has exploded.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/US-CPI-4pc-items2204140459.png)
Equities: Next, let’s look at equity sector performance during different macro conditions.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Sector-performance2204140459.png)
Energy: In energy markets, uranium prices are surging (driven by expected global demand and elevated fuel prices).
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/EN-Uranium-Spot2204140459.png)
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/EN-Uranium-ST2204140459.png)
Emerging Markets: Colombia’s manufacturing output has been robust.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/EM-Colombia-UP2204140459.png)
Canada: Central banks across the globe are hiking rates to combat inflation. For example, Wells Fargo expects the BoC to push the policy rate to 3.5%.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/CA-Hike-forecast2204140459.png)
Food for Thought: Lastly, let’s look at net migration in the largest US cities.
![The Daily Shot Brief – April 14th, 2022](https://thedailyshot.com/wp-content/uploads/VTD-Net-migration-of-the-largest-US-cities2204140459.png)
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com