China plans to establish an Earth-moon space economic zone by 2050, which is expected to generate $10 trillion worth of services per year. The zone will cover areas of space near Earth, the moon and in between.
"The move in container shipping rates is consistent with the continued deterioration in raw industrial commodities, China's official PMI, China's steel PMI, as well as market internals such as industrials relative to the S&P500."
The Federal Reserve is a barbarous relic. The next downturn will be its death knell. Alas, what comes after the Fed will probably be even worse. Populism demands it...
Do they actually agree? Yes – on their irreconcilable differences. Now just isn’t the time to advertise that agreement to disagree too loudly: but supply chains will keep moving anyway.