Out of the 25 world leaders included in a release by Morning Consult
Only eight can currently claim positive net approval ratings - meaning that more people in their country approve of them than disapprove. The exceptions are Prime Ministers Narendra Modi, Anthony Albanese, Dick Schoof, Simon Harris and Donald Tusk of India, Australia, the Netherlands, Ireland and Poland, respectively, as well as the presidents of Mexico, Argentina and Switzerland, Andrés Manuel López Obrador, Javier Milei and Viola Amherd. Source: Statista
OUCH! Harvard's once-leading endowment fund has become not-so-smart money, as two decades of poor returns leave it firmly behind peers.
Over the past 20yrs, the 8.8% annualized return for Harvard’s endowment ranked 7th of the 8 Ivy League universities and lagged 60% of university funds w/>$5bn under management. Harvard’s 10 year return trailed 80%. Source: HolgerZ, Bloomberg
🚨 Has China cured Type 1 diabetes?
That would be a huge news...
Technical analysis applied to China stocks 🤣
Source: CN Wire
Many investors consider the KraneShares CSI China Internet ETF $KWEB as the best instrument to get exposed to China.
Here is the breakdown of this ETF. Do you invest in China?
The world's largest oil exporter is preparing to raise output from December as it resigns itself to lower global prices.
Saudi Arabia is ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase output, in a sign that the kingdom is resigned to a period of lower oil prices, according to people familiar with the country’s thinking. The world’s largest oil exporter and seven other members of the Opec+ producer group had been due to unwind long-standing production cuts from the start of October. But a two-month delay sparked speculation over whether the group would ever be able to raise output, with the price of Brent crude, the international benchmark, briefly dropping below $70 this month to its lowest since December 2021. Source: FT >>> https://lnkd.in/eYwDvYcQ
For those who wonder why the German economy is so important for global Macro...
As shown below, their weakening economy will impact the rest of Europe. Source: Michel A.Arouet, The World in maps
Over and over and over again.
Source. Peter Mallouk
