Greetings,
United States: Physical store sales surged this year, with gains outpacing online stores.
Canada: Household leverage is now substantially higher than in the US. One caveat is that Canada’s disposable income is more “disposable” than that of US households (due to healthcare expenses in the US).
United Kingdom: Business closures accelerated this year.
Emerging Markets: Chile’s central bank hiked rates by 125 bps as inflation strengthens.
Cryptocurrency: 90% of bitcoin’s 21 million available coins have been mined.
Food for Thought: Share of SUVs in total passenger car sales:
Edited by Devon Lall
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