PDFs- Reuters 2022 Predictions, Gundlach's Powerpoint
Morning Rundown
Housekeeping:
Morning Rundown
Good morning. The dollar is down 20. Bonds are slightly softer. Stocks are mixed with tech being the most volatile . Gold is down $3 after a 3am sell order hit in London. Crypto is softer likely reacting to news of another central bank bashing it. Grains aresofter. Nat Gas and Oil are both soft. Call it a give back as markets now look for today’s PPI number.
"Investors still struggle with one crucial question: how will the Fed manage to tackle rising price pressure without derailing the fragile post-pandemic economic recovery?" - ActivTrades h/t ZH
GoldFix Podcast
Gold market explanation: $1830 or bust
Bitcoin Podcast
If you want a better explanation of why countries are doing what they are with Bitcoin, listen to this
For Bitcoin Brief Click HERE
Guidance
The effects of restrictions in China as the country maintains its Covid-zero policy are starting to hit supply chains in the region. The slow movement of goods through some of the country’s busiest and most important ports means shippers are now diverting to Shanghai, causing knock-on delays at the world’s biggest container port. With sailing schedules already facing delays of about a week, freight forwarders warn of the impact on already back-logged gateways in Europe and the U.S. Elsewhere in pandemic news, President Joe Biden will announce today that the military will be deployed to hospitals in six states to help with a wave of infections driven by the omicron variant. - Bloomberg
Zen Moment
Reports
Reuters 2022 Prediction Report
DoubleLine Investor Powerpoint
