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
The digital economy in one picture
Source: Ian Bremmer
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
If you have nothing else to do you can Barbie or Ken yourself through the artificial intelligence App BaiRBIE.me
(I wish I had this haircut…)
In case you missed it -> The Yuan exceeds dollar in China's bilateral trade for first time
The yuan was used in 49% of China's cross-border transactions last quarter, topping the dollar for the first time, a Nikkei analysis shows, mainly due to a more open capital market and more yuan-based trade with #Russia. Nikkei looked at international trade by companies, individuals and investors based on currency, using statistical data from the State Administration of Foreign Exchange of China. Nikkei's compilation does not include yuan-based settlements for trades and capital transactions that do not involve China as a counterparty. Source: Asia Nikkei
US diesel vs inflation: if history is any guide, recent pop of US diesel prices could imply CPI going back over 4%
Source: BofA
