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The United States: Morgan Stanley forecasts a continued slowdown in US nominal consumption growth through 2026, with particular weakness in goods spending due to tariff-driven inflation, labor market softening, and increased consumer uncertainty.
The Eurozone: Despite making up just 4% of the Eurozone economy, Ireland contributed half of the region’s GDP growth over the past year.
Asia-Pacific: Taiwan’s exports surged in May.
Cryptocurrency: Bitcoin’s surge above $106K triggered a spike in short liquidations within just a few hours.
Commodities: Systematic funds have reduced their exposure to gold, slightly diverging from the metal’s price rise.
Equities: Options traders are bullish on the Russell 2000.
Food for Thought: Acceptance rates at top US universities:
Edited by Abraham Lent
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