Greetings,
Equities: To begin, stocks jumped on Monday, boosted by banks.
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Banks-JPM-ST2205240440.png)
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/EQ-Banks2205240440.png)
The United States: Looking at the supply chain, congestion at West Coast ports has been easing.
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/US-Ships-waiting2205240440.png)
The Eurozone: Germany’s business sentiment improved this month, although the expectations index was roughly flat.
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-GE-Ifo2205240440.png)
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/EZ-GE-Ifo-ST2205240440.png)
China: The spread between PPI and CPI suggests that manufacturers have been unable to pass on rising input costs to consumers (putting pressure on margins)
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/CH-Spread-between-PPI-and-CPI2205240440.png)
Commodities: US corn and soy planting progress are rebounding, but wheat remains a problem.
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/CO-ND32205240440.png)
Rates Demand for cash instruments has been surging as risk assets slump. The Fed’s RRP balances jumped above $2 trillion.
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/RA-RRP-Balance2205240440.png)
Food for Thought: Lastly, here are the countries with the most islands:
![The Daily Shot Brief – May 24th, 2022](https://thedailyshot.com/wp-content/uploads/VTF-Countries-with-the-most-islands2205240440.png)
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com