The United States: Challenges facing New York Community Bancorp have reignited worries about the stability of smaller regional banks.
Credit: In addition to worries about office debt exposure at US small/regional banks, investors see potential issues with underwater bond portfolios.
Europe: Based on current earnings yields, European stocks are very attractive relative to the US.
Commodities: Gold demand growth in the OTC market was very strong last year.
China: Beijing is taking measures to tackle the risks in China’s rural banking sector, characterized by high nonperforming loan ratios.
Cryptocurrency: Bitcoin gave up most of its early-January gains, while Bitcoin Cash (BCH) lagged behind major cryptos.
Food for Thought: Digital services exports:
Edited by William Villacis
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