Insane YTD price action in international defense stocks as the world wakes up to an isolationist US https://t.co/i5R3sKXgLQ
Globally, during this cycle:
-China has had strong industrial production, but weak consumer spending.
-Europe has been relatively weak both in industrial production and consumer spending.
-The United States has been strong in consumer spending, but relatively weak in industrial production.
Lyn Alden • July 2024 Newsletter: Rates Insensitivity in the Downcycle
The End of The Beginning
aitkenadvisors.com
Theme - Tarriffs
Tariffs had an under expected effect, threatening the financial landscape, but not dominating
Biggest result might have been the focus it brought to how reliant the world is for certain materials - both physical and processing, on Beijing