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The German economy has passed the trough of its coronavirus recession and is starting to grow again, according to the Bundesbank

00:01 - 10/06/20

 

 

Man, speculative fervor in the US stock market just blew past its February highs by a massive level

 

 

No matter how one looks at it, the dollar's dominance is not declining. If anything, as the COVID-19 crisis showed yet again, the dollar is more dominant/central than ever to the global financial system

 

 

Euro area GDP -3.6% in Q1 2020, -3.1% compared with Q1 2019

 

 

If you overlaid this chart of credit card spending onto a chart of the S&P 500, it would look extremely similar

 

 

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