Top China official urges more secrecy in the country's energy sector | C Iowa Labor Shortage Causes Immigration Problem for Republicans | Bīidenomics and the New Political-Subsidy Economy | W Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate | W Too Many Vacant Lots, Not Enough Housing: The U.S. The 7% Mortgage Rate Is Back, Thanks to the Federal Reserve | WĬan I Buy a House: Higher Rates Hit Market With Affordability at 40-Year Low | B Why Economies Haven’t Slowed More Since Fed and Others Hit the Brakes | W Some Fed Officials Are Turning Cautious about Raising Rates Too High | W Global Yields Reach 15-Year Highs as Rate-Hike Worries Build | Bġ0-year yield rises to highest level since October 2022 | C … And: Can Baby Boomers forget about getting Alzheimer’s? Maybe someday if some of the many ongoing R&D efforts targeting its eradication succeed. Related stocks did the heavy lifting to hoist the S&P 500 Consumer Discretionary stock price index 32% ytd. … Also: Consumers these days! They know what they want: Amazon products, Teslas, newly built homes, and travel. What China needs is a US-style restructuring of its real estate market. Latest Morning Briefing Executive Summary: China, Consumers & Alzheimer’s BreakthroughsĬhina’s property development companies are going bankrupt left and right, with real estate prices tanking and monthly residential property sales their slowest in a decade.
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