The Chinese Consumer Refuses To Spend

🇨🇳 🇨🇳 #China: #People have become increasingly #reluctant to #spend on non-essential items
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Malaysia Weakens In Competitiveness Rankings

🇲🇾 🇲🇾 #Malaysia #drops #seven #spots to 32nd in IMD’s 2022 #world #competitiveness rankings
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Netflix Plans Squid Game Reality Show

🦑 🦑 #Netflix plans #Squid #Game #reality #show with US$4.5 million prize, no fatal consequences
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UBS: Family Offices Sacrificing Liquidity For Returns

🚨 🚨 #UBS: #Family #offices are #reducing their #fixed #income allocations and #increasing #investments in #alternative #assets such as #private #equity (PE) #real #estate and #private #debt — sacrificing liquidity for returns
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Bear Market? Look At The Facts

🇺🇸 🇺🇸 The S&P 500 broad market index’s forward price-earnings multiple now hovers around 16.5 times this year’s earnings and 15 times next year’s earnings. That’s within the #historical #range of between 15.5 and 16.5 times forward earnings in the past 25 years
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Oracle: Cloud Consumption Surges

🚨 🚨 #Oracle’s latest earnings report shows #cloud #customer #consumption #revenue increased by 108%
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Apple Seals Deal For Major League Soccer

🚨 🚨 #Apple #seals landmark 10-year deal for #Major #League #Soccer
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UK Spending Power Plunges To 21-Year Low

🇬🇧 🇬🇧 The #spending #power of #UK #households #fell the #most in at least 21 years as wage increases were eaten up by the fastest inflation in decades
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Nike Doing A Collab With French Designer

🚨 🚨 French fashion designer #Simon #Porte #Jacquemus is collaborating with #Nike for a 15-piece collection including apparel and footwear
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BofA: 91% Still Intend To Buy Crypto

🚨 🚨 #Bank of #America #Survey: 91% of respondents still intend to #buy #crypto in the next six months
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