Greetings,
The United States: Companies report that labor shortages are easing.
Europe: Dutch manufacturing production reversed much of the December surge, which was driven by one-off items.
Japan: The stock rally has been fading amid growing expectations for the BoJ tightening policy this spring.
Cryptocurrency: Bitcoin blasted past $70k, hitting a record high.
Equities: Goldman’s sentiment index is in “stretched” territory.
S&P 500 earnings have outgrown nominal GDP by a large margin over the past decade (partially reflecting US companies’ global operations).
Food for Thought: Shift in political affiliation among US men aged 18-29:
Edited by William Villacis
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