Markets are definitely buying into the "China is back" theme. We're tracking the strongest inflow into China since 2020 (orange). That's coming at the expense of the rest of emerging markets, as investors increase their allocations to China and cut their allocations everywhere else. But how long will this trend last? #CoSoFinance

Robin Brooks says: "German industry is undergoing a massive shift and retooling. Whole sectors of production have become unprofitable and certain product lines have been shut down, never to reopen. Chemicals and pharmaceuticals are the prime example. Output is down -15% from a year ago." I'll point out that this is good news for U.S. industry, as German industry relocates to a source of cheap energy (the U.S.). Also, stronger Chinese demand will boost European trade significantly #CoSoFinance

This week's economic data releases, with estimates and prior readings #CoSoFinance

From Liz Ann Sonders, Chief Investment Strategist, Charles Schwab & Co.: Year over year change in median price for an existing home in U.S. has eased back to +2.3%, which is largely in line with longer-term average ... additional weakness may depress figure further if activity continues to struggle. My view: with the Fed promising more rate hikes, it will be hard to avoid a housing recession #CoSoFinance

Daily $SPX chart shows the S&P 500 got a hard slap when it tried to push above that downtrend last week. But it bounced off support. I expect it will try again. Overall, more bullish than bearish. We need to see resolution for bulls or bears soon. #CoSoFinance

We need to look at two #silver charts. The daily chart (left) shows the metal is trending sideways, to break one way or the other. The weekly chart shows the previous breakout that happened in December. Closing in on first target of $26.50. After that, maybe $30?

Weekly #platinum chart. Still working on a breakout. We'll see.

Weekly #gold chart shows a breakout with a working target of $2,139

$Copper is pulling back today, but the weekly chart shows a breakout that should take it to $5 or even $5.50. #CoSoFinance

Reposted to updated numbers, add another chart and a link. 33% of all our debt came under Trump. Never forget how corrupt that part is. Reagan increased the debt by 186%. Bush doubled it and this is their issue. #CoSoFinance https://www.thebalancemoney.com/us-debt-by-president-by-dollar-and-percent-3306296 #CoSoPolitics

The debt ceiling is a totally made up thing that republicans recently started weaponizing #CoSoFinance #CoSoPolitics https://www.usnews.com/news/articles/2013/10/11/why-do-only-us-and-denmark-have-a-debt-ceiling

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Rents might finally, FINALLY be cooling. Rent Index from ⁦Zillow ticked higher month over month in December, but 0.1% gain quite mild in face of significant increases from 2021 into 2022. Also the number of new multi-family units being built is soaring, and is now at the highest level since 1973. #CoSoFinance