Month: March 2024

UK Retail Traffic Plunges

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🇬🇧 🇬🇧 UK retail traffic fell the most since the pandemic due to train strikes, squeezed budgets and one of the wettest Februarys on record, fueling concerns about the strength of the economy
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HK: US Envoy Sounds A Warning

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🇭🇰 🇭🇰 The top US diplomat in Hong Kong has sounded the alarm over growing internet censorship in the city, underscoring fears China’s crackdown on freedoms is diminishing the hub’s appeal as a global finance hub
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China: Xi’s Rule Is Spurring Unrest

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🇨🇳 🇨🇳 As the world’s second-biggest economy undergoes a prolonged slowdown, Xi’s move to shun the old playbook of unleashing broad stimulus is spurring discontent. The China Dissent Monitor, a project of US-based Freedom House that collects information on protests, says economic demonstrations have remained elevated since August, with many focused on labor disputes and a real estate crisis that’s cutting into household wealth
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S&P Closes At Another All-Time High

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🚨 🚨 S&P closed at another all-time high– its 14th record this year–after the Federal Reserve’s favored price gauge, was in line with economists’ expectations
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The European Super Seven

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🇪🇺 🇪🇺 The European Super Seven: Our Algorithm has identified seven European stocks it says are similar to the high-flying “Magnificent Seven” U.S. technology stocks, but trade at cheaper valuations leaving more room for them to rise
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