Greetings,
The United States: The Q4 GDP growth was stronger than expected.
The broad money supply has not registered a year-over-year decline like this in decades, which should help cool inflation.
Rates: The market is pricing a faster pace of Fed rate cuts than it did a month ago.
The Eurozone: Investors keep flooding into European stocks.
Emerging Markets: India’s Nifty index is under pressure as Adani companies’ share prices plunge.
Equities: BofA wealth management clients have been dumping REITs.
Global Developments: Here is the IMF World Uncertainty Index.
Food for Thought: Lastly, here’s life expectancy vs. GDP per capita.
Edited by Alexander Bowers
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