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Bottom record for China’s GDP. High rates hit hard when debt is massive. US money supply continues to fall. Thaksin returns to Thailand. If government…

US corporate bankruptcies double. American life expectancy falling. PBOC cuts rates. The Yuan has lost ground. China FDI at a 25-year low.

Cleveland Fed expects inflation to reaccelerate. S&P Global drops ESG ratings. Chinese export prices see a massive drop. Factory-building boosts US GDP growth. World debt at $225trn.

Fitch downgrades US gov’t debt. Americans don’t have much savings. Uber delivers first operating profit ever. S&P 500 has one of its best years. Electrification demands minerals and metals.

Fed hikes another 0.25%. Thought the US was in trouble? Look at the UK. More Brits regret Brexit. Falling office rents in the Americas. X.

This bear market is different. Retail sales contract. US government interest payments heading for US$1trn. China fixed asset investments in a downtrend. Companies leave Germany.

US inflation is down to 3%. The final leg of inflation is harder to break. More people fail to pay credit card bills. US mortgage rate reaches new highs. Tech PEG at Dotcom levels.

US core inflation lower than expected. The service sector holds up the economy. Bankruptcies peak at the end of a recession. Extremely low earnings yield for S&P 500. The top 1% is recovering.

80% of YouTube ads are subject to refunds. Bankruptcies on the rise in the US. T-Bills return the same as equities. Time to buy some bling? REMINDER: Stocks are still best in the long run.

The market doesn’t appear efficient. It’s a liquidity-driven market. Cardboard box recession. BlackRock files for Bitcoin ETF. Crypto investors push up BTC in anticipation of ETF.