Greetings,
Equities: Friday marked a bad ending to a challenging month in the market.
The Nasdaq 100 and the Nasdaq Composite saw the worst month since the financial crisis.
Rates: The 2-year Treasury yield keeps climbing as more aggressive Fed rate hikes get priced in.
Commodities: Let’s take a look at last month’s performance across key commodity markets.
The United States: The employment cost index came in well above forecasts, spooking the markets. The concern has been a wage-price spiral.
Cryptocurrency: Most major cryptos ended April in the red.
Food for Thought: Lastly, mortgage lending by fintech firms has surged in recent years.
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
If you would like to subscribe to the full-length Daily Shot (see example), please register here.
