Greetings,
United States: Faster wage growth has been constrained to several low-wage sectors, according to BCA Research.
Canada: “Subprime” mortgages are on the rise in Canada.
United Kingdom: Hospital admissions would be surging without the vaccine program.
China: Education stocks are tumbling as Beijing cracks down (forcing them to become non-profit organizations).
Equities: Forget the Fed Put – we now have the “retail put.” Retail investors have been consistently buying market dips.
Food for Thought: Percentage of workers back in the office:
Edited by Richard Holmes
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