Greetings,
The United States: To begin, freight rate inflation continues to ease as demand softens.
The U. Michigan consumer survey report shows that selling conditions for homes continue to decline.
Equities: Many analysts expect an earnings recession ahead.
Which sectors are most vulnerable to earnings revisions?
China: The COVID situation has been worsening again.
Retail sales unexpectedly declined on a year-over-year basis.
Global Developments: Here is the IMF’s global economic activity heat map.
Food for Thought: Lastly, here is a map of Ukraine’s counterattacks:
Edited by William Villacis
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