<p>I clearly remember this time of year 15 years ago. It was 5 months after the collapse of Bear Sterns and markets were full of complacency. The Fed was at 2.00% and offering no signals about c
<p>Swiss KOF Economic Barometer dropped to 53.2 in May, down from 59.7, missed expectation of 70.2. The reading has halved now since the beginning of the year. KOF said that as in April, “
<p>The Chinese economy has been hit by three new headwinds from covid outbreaks, the Ukraine war and financial stress. We expect this to delay a recovery into H2. We expect more economic stimulu
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