The Daily Shot Brief; March 8 - Global Macro Currents

Mar 08, 2023 03:34 pm | The Daily Shot Editor

Greetings,

The United States: The implied terminal rate climbed above 5.6%. Are we headed for 6%?

The United Kingdom: The pound is breaking below support.

Equities: Despite recent underperformance, tech mega-caps are still expensive.

Rates: The 2-year Treasury yield has been following the Citi Economic Surprise Index.

The Eurozone: Pantheon Macroeconomics sees the ECB ramping up QT later this year.

Cryptocurrency: Fundraising in crypto gaming jumped 79% over the past two months.

Food for Thought: Top-paid US CEOs:

Edited by Josh Oldmixon

Contact the Daily Shot Editor: Brief@DailyShotResearch.com

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