1. Summary of Biden’s China Tariffs
Barrons By Reshma Kapadia
2. Shorts Interest in Chinese Markets at Highs
@Callum Thomas (Weekly S&P500 #ChartStorm)
3. China Market Outperforming World in 2024
RBA Investments Matthew Poterba, CFA
https://www.rbadvisors.com/insights/chinas-stealth-rally/
4. Emerging Markets ETF
Breaks above 200-week moving average after failing 3x in 2022-2023
5. FXI China Large Cap ETF
FXI about to break above red downtrend line going back to beginning of 2021
6. The Slowdown of Smartphone Shipments
Barrons Adam Clark
7. Chipotle vs. McDonalds….CMG +38% vs. MCD -8% 2024
CMG vs. MCD Chart
8. Used Cars Deepest Drawdown Ever
Michael Batnick
https://www.theirrelevantinvestor.com
9. World’s Wealthiest Cities
From Barry Ritholtz The Big Picture Blog https://ritholtz.com/2024/05/weekend-reads-615/
World’s Wealthiest Cities Report 2024
Source: Henley & Partners
10. Farnam Street Blog Sunday
FS
“Knowing virtues is like having a map; adopting them is actually taking the journey.”
— The highest form of leverage is reputation.
Insights
“Without courage we cannot practice any other virtue with consistency. We can’t be kind, true, merciful, generous, or honest.”
— Maya Angelou
**
“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already.”
— Tolstoy
***
“People spend too much time on the last 24 hours and not enough time on the last 6,000 years.”
— Will Durant
Tiny Thoughts
The highest form of leverage is reputation.
**
Imagine what you could accomplish if you weren’t focused on being right all the time.
***
Reasoning in public forces discipline of thought.
It’s like doing math on the chalkboard in front of the class. Every step must be clear and correct, or someone will point out the mistake. There’s no room for fuzzy thinking or skipped steps.
If your reasoning is correct, you have nothing to fear. If it’s wrong, you have everything to learn.