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The Chinese real estate market, a $62T asset class, remains
troubled. Seeing its largest slump on record as prices fall
in 70 surveyed cities during 2024. |
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00:01 - 21/10/24 |
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The economy is the top issue in swing states. One would
think that if everything is going swimmingly well, that
would not be the top issue. This polling suggests that more
families are struggling with rising costs and wages that
haven't kept up |
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Not surprising to see if you look at labor market trends:
the majority of jobs created have been part time. Combine
with high cost of living = credit card debt expansion |
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US consumer credit card debt also hit a fresh high of $1.14T
in Q2 2024 |
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Going into earnings
NFLX
options skew was slightly bearish |
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