Greetings,
United States: Here is the aggregate number of waiting container ships at the three largest US ports.
Eurozone: The media coverage of the ECB’s modest (and expected) reduction in securities purchases has been entertaining.
The ECB boosted its inflation forecasts.
China: Pig herds have been recovering, causing food deflation and putting downward pressure on the headline CPI.
Commodities: Nickel prices are surging, with the market in deficit (driven by rising battery demand).
Equities: The 2013 taper tantrum and the actual Fed tapering process did not sink stock prices.
Food for Thought: Views on the US withdrawal from Afghanistan:
Edited by Devon Lall
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