Citi: Economic Momentum Is Weak

🇺🇸 🇺🇸 #Citi Global Asset Allocation: “Economic momentum is weak. The question is whether high recession likelihood is priced in already. We don’t think it is in equities (high earnings estimates) or credit (spreads still lower than recession levels)”
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Euro Zone Inflation Hits Record

🚨 🚨 BREAKING: Euro zone inflation hits record 8.6% as the European Central Bank prepares for its first rate hike in 11 years
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Ambani To Bring Pret A Manger To India

🇮🇳 🇮🇳#Reliance #Brands has announced a strategic partnership with global fresh food and organic coffee chain #Pret A #Manger to launch and build the brand in India
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BofA: Tesla’s Dominance Has Ended

🇺🇸 🇺🇸 #BofA/#Tesla: It’s the beginning of the end for Tesla’s dominance of the U.S. electric vehicle industry, according to Bank of America Securities
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