🏠 🏠 The share of Americans renting has skyrocketed by 13 percentage points over the last 3 years as housing has become historically unaffordable for buyers
🚀 🚀 Elon Musk says his dream of skyrocketing people people from New York to Shanghai in just 39 minutes is now possible” after Donald Trump’s re-election
The rally in the greenback is challenging policymakers across Asia. The Bloomberg Dollar Spot Index has jumped to around a two-year high
Republicans held on to their narrow majority in the US House, giving Trump and his party unified control of the elected branches of government
Barclays sees Asia as a key area for further investment and hiring amid a wealth boom and buoyant capital markets, according to the British bank’s regional head
ASML, the Dutch maker of advanced chip-making machines that are critical to the world’s supply chains, reaffirmed its bullish long-term revenue outlook
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🇭🇰 🇨🇳 Beijing Now Controls HK: Foreign banks played major roles in one-fifth of Hong Kong’s initial public offerings this year, compared with roughly half just two years ago. Chinese banks have taken the places of Western ones as top earners in the city’s debt-capital market
🇺🇸 ‼️ Stocks Investors Take Note: The so-called equity risk premium—or the gap between the S&P 500’s earnings yield and that of 10-year Treasurys—shrank to close to zero this week, the lowest level since 2002
🇺🇸 🌴 Mar-a-Lago, Trump’s club in the wealthy South Florida enclave of Palm Beach, has been transformed into a hub for planning his transition to the Oval Office