Greetings,

The United States: The median new home price is now down on a year-over-year basis.

Europe: Switzerland’s central bank continues to remove liquidity from the financial system.

Japan: The BoJ has been helping banks finance JGB purchases. Still, the 10-year yield is holding at the 50bp cap.

China:  Mobility indicators have surged.

Equities: Companies known for buying back their shares have been outperforming.

Commodities: The cobalt bubble has popped.

Food for Thought: How accurate is AI in answering medical questions?

Edited by William Villacis

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