The World’s Largest Consumer Markets in 2030 🌏
Source: Visual Capitalist
The Spend, Spend, Spend Strategy..
Temu is going all in on Marketing (including in this Sunday’s Super Bowl) Marketing spend: • 2023 - $1.7 billion • 2024 - $3 billion (est.) source : wsj
Has the fed won the party?
US Medium-Term Inflation Expectations Lowest in 11 Years of Data – Source: Bloomberg
Donald Trump is pitching a 60% tariff on all Chinese imports.
That would shrink a $575bn trade pipeline to practically nothing, Bloomberg analysis shows. For China ’s economy and its slumping stockmarket — down >40% from its 2021 high — that’s bad news. Worse, Trump’s rhetoric may add pressure on Biden to take harsher measures in the run-up to election day Source: HolgerZ, Bloomberg
Jamie Dimon believes U.S. debt is the ‘most predictable crisis’ in history
And experts say it could cost Americans their homes, spending power and national security - Fortune Source: Markets & Mayhem
“Super Sick Monday"
16.1 million U.S. employees will be completely absent from work today following Super Bowl Sunday, according to this year’s research from UKG. In 2023, nearly 18.8 million employees said they planned on missing work on Super Bowl Monday. However, 6.4 million further employees plan to come to work late, another 11.2 million are unsure of whether they will come to work, and around 6.4 million will decide what to do on the day. The number jumps up for U.S. employees who plan to miss at least some work on Monday, reaching around 22.5 million employees – 14% of the U.S. workforce. The research also finds six million employees have not yet notified their employers and will call in sick on the day or simply ‘ghost’ their employer on Monday. source : The Harris Pol, UKG Workforce Institute
In an US election year, the spread between “Job Creation” and job “approval rating on the economy” has NEVER been wider...
Source: Mohamed A. El-Erian
Another wave of early retirements is hitting as the stock market surges
This complicates the Fed's goals for the labor market to some degree, as it means there are more exiting the workforce. There's already 1.45 jobs available for every unemployed person seeking work. Source: Bloomberg, Markets & Mayhem
