Greetings,
The United States: The median new home price is now down on a year-over-year basis.
Europe: Switzerland’s central bank continues to remove liquidity from the financial system.
Japan: The BoJ has been helping banks finance JGB purchases. Still, the 10-year yield is holding at the 50bp cap.
China: Mobility indicators have surged.
Equities: Companies known for buying back their shares have been outperforming.
Commodities: The cobalt bubble has popped.
Food for Thought: How accurate is AI in answering medical questions?
Edited by William Villacis
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