Greetings,

Credit: Despite mounting banking fears, European banks are generally in good shape.

Another regional bank spooking investors is First Republic Bank, which had its debt downgraded to BB. Below is the bond price.

Energy: Crude oil has been under pressure amid bank crisis fears.

Commodities: Gold has been rallying together with the US dollar. That’s highly unusual, indicating a rush into “safe-haven” assets.

The United States: Retail sales declined last month. Here are the contributions.

Emerging Markets: Turkey’s government deficit has blown out.

Food for Thought: To conclude, here are views on China in the US:

Edited by William Villacis

Contact the Daily Shot Editor: Brief@DailyShotResearch.com

Subscribe to the Daily Shot Brief