A "palace coup"?
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Will the Presidential race be a tighter one than currently predicted?
Watch out
Forward P/E Ratios of Key Global Stock Markets - Clad Bastion research on X
India: 24 Denmark: 23 United States: 21 Taiwan: 18 Switzerland: 17 Netherlands: 17 Australia: 17 Saudi Arabia: 16 Sweden: 16 Japan: 15 Canada: 14 France: 14 Germany: 12 Mexico: 12 United Kingdom: 12 Spain: 11 South Korea: 10 Hong Kong: 10 South Africa: 9 Italy: 9 Brazil: 7 China: 6 Turkey: 5
The US remains (by far) the world leader for corporate R&D, accounting for ~40% of global total
• China and EU are competing for second place in global league table • Japan has been in free fall over past two decades, now accounting for only 10% of global private R&D Source: Agathe Demarais
The US labor market continues to weaken.
US job postings on indeed.com declined 12.4% year-over-year to their lowest level since April 2021. Overall, US job postings are down by ~50% since their December 2021 record. However, nationwide job postings are still 11.7% above their pre-pandemic baseline, according to Indeed. Meanwhile, US job openings unexpectedly increased in May to 8.14 million from 7.92 million in April, according to the latest BLS data. Data provided by Indeed is more current than the BLS-provided series, which suggests a further decline in US job openings is coming. Source: The Kobeissi Letter, Indeed.com
Headlines in Europe.
Source: Eagle Wings
For the first time streaming passed 40% of total TV usage in the US
Source: Statista
Is Treasury market liquidity becoming a major problem?
Source: Game of Trades
