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REPORTED RECESSIONS: in US Luxury Goods...
Congruent with dour commentary out of LVMH, luxury spending slowed to a -7.6% Y/Y Recession in June = 9th month of negative Y/Y growth. Source: Keith McCullough
AI tools to help you carry on your daily tasks
Source: Loïc Staub
Only 11% of US household debt has an adjustable interest rate
That means the vast majority of Americans with existing fixed rate mortgages/auto loans/student loans have not been impacted by the Fed's 11 rate hikes. Source: Charlie Bilello
Nice ad by WWF Germany -> "Protect our wildlife before it is too late"
Source: WWF Deutschland
Paradigm shift -> A recent study by Fidelity & Binance shows that 81% of surveyed institutional investors are adding digital assets as part of their strategies...
Source: Michela Silvestr
🌎 Global yield curve steepening gained momentum last week as a sign that major central banks are nearing the end of their tightening cycles
Source: Bloomberg, Fast reveal
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