Pinned
A new experience for The Daily Shot is on the way. Over the course of the week, we’ll tell you more about it. Stay tuned!
(((The Daily Shot)))
31.7K posts
(((The Daily Shot)))
@SoberLook
The Daily Shot is a graphical, no-hype global financial and economic newsletter (see sample: thedailyshot.com/the-daily-shot…).
- The S&P 500 is experiencing the strongest YTD performance of the 21st century.
- US federal interest payments now exceed the defense budget.
- The US banking system dumped almost $110 billion of MBS bonds into the market during the last week of March.
- The S&P 500 equity risk premium is nearing zero for the first time in over two decades.
- The Evergande credit contagion is spreading, with bonds of China's other leveraged developers tumbling.
- US construction spending on data centers accelerates.
- The S&P 500 equity risk premium hit the lowest level in two decades, which will be a headwind for longer-term returns.
- Get ready for more mass protests around the world. Global food prices are up 40% from a year ago.
- Container shipping costs are down nearly 80% from a year ago.
- The median value of US households’ stock portfolios surged to $250k this month.
