Greetings,
United States: Consumer credit surged in March, as Americans credit card usage has accelerated.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/US-Cons-Cred2205090527.png)
As a result, real disposable income is taking a toll.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/US-Pers-Disposable2205020530.png)
Europe: Germany’s trade deficit with Russia hit a new record.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-GE-Trade-deficit-w-RU2205090527.png)
2022 earnings estimates for European companies are outpacing other markets.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/EU-Earnings-consensus-AAA2205090527.png)
Emerging Markets: The Indian rupee hit a record low amid equity outflows and the US dollar’s relative strength.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/EM-INR-record-low2205090527.png)
Commodities: The price of copper is correlated with the US 10-year breakeven rate, which represents inflation expectations.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/CO-Copper-v-10y2205090527.png)
Equities: After another selloff on Friday, stocks were down again this morning.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-ESA2205090527.png)
Food for Thought: Lastly, let’s take a look at the companies with the highest number of new patents.
![The Daily Shot Brief – May 9th, 2022](https://thedailyshot.com/wp-content/uploads/VTB-Companies-with-the-most-new-patents2205090527.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com