As in “a picture is worth a thousand words”,
“un bon croquis vaut mieux qu'un long discours”,
"百闻不如一见", or "As the Chinese say, 1001 words is worth more than a picture."!
"This structural trend in Asia, particularly China and India, is one which European companies have increasingly grown exposure to over the past three decades."
January 2001 to May 2021
The Zarnowitz Rule, which we discussed last year, states simply that the “steeper the downturn, the sharper the upturn”.
Keeping a lid on the asset boom, continued...
S&P 500 lifespans continue to shrink
Sovereign yield curves and yield curve slopes
German truck mileage vs. German diner reservations
Stock Market Performance as a Function of the Freedom Index by Country
"A look at interest rate futures currently suggests Europe may not see positive rates until the end of the decade"