Greetings,
Equities: To begin, stocks jumped on Monday, boosted by banks.
The United States: Looking at the supply chain, congestion at West Coast ports has been easing.
The Eurozone: Germany’s business sentiment improved this month, although the expectations index was roughly flat.
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)
Commodities: US corn and soy planting progress are rebounding, but wheat remains a problem.
Rates Demand for cash instruments has been surging as risk assets slump. The Fed’s RRP balances jumped above $2 trillion.
Food for Thought: Lastly, here are the countries with the most islands:
Edited by William Villacis
Contact the Daily Shot Editor: Brief@DailyShotResearch.com
