Greetings,
United States: The trade deficit in goods hit a new record in November, …

… as imports surged. This is why supply chain bottlenecks have been so extreme.

Japan: The labor market may take a while to return to pre-COVID levels.

Commodities: This chart shows the 2021 performance across commodity markets.

Equities: Speculative stocks favored by the Reddit crowd have underperformed sharply in recent weeks (2 charts).


Global Developments: Negative yields are fading.

Food for Thought: How safe is your password?

Edited by Devon Lall
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