Greetings,
Equities: The pandemic-era bull market came very close to officially ending on Friday. The earnings report from Deere spooked investors.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Week-Sectors-Deere2205230442.png)
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Week-Sectors-Deere-ST2205230442.png)
Commodities: Precious metals ETF flows have turned positive.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/CO-Precious-ETF-Flows2205230442.png)
Also, lumber tumbled last week amid signs of weakness in the US housing market.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/CO-Weekly2205230442.png)
Cryptocurrency: China’s bitcoin miners are back online despite the nation’s ban last year.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/BT-22205230442.png)
Europe: Germany’s producer prices are up 33.5% from a year ago.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/EZ-GE-PPI2205230442.png)
United States: Recession fears have reached a feverish pitch, as financial conditions tighten.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/US-Fin-Cond2205230442.png)
Food for Thought: Lastly, let’s take a look at projected inflation rates for 2022.
![The Daily Shot Brief – May 23rd, 2022](https://thedailyshot.com/wp-content/uploads/VTC-AAA-Projected-inflation-rates-for-20222205230442.png)
Edited by Alexander Bowers
Contact the Daily Shot Editor: Brief@DailyShotResearch.com