Greetings,
The United States: The 6-month decline in the Conference Board’s leading index has never been this large without a recession.
Equities: Tight liquidity is signaling rapid declines in earnings globally.
Commodities: Computer memory prices are hitting multi-year lows.
The bird flu has led to unprecedented increases in egg prices in the US.
Energy: Pictet expects global oil demand to rise next year, driven by a recovery in Western economies and a reopening in China.
Alternatives: Private equity investors will expect higher investment outperformance relative to public markets.
Food for Thought: Lastly, here are favorited Christmas songs:
Edited by William Villacis
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