Greetings,

The United States: Consumer spending growth is below the pre-COVID trend but is not crashing. Households continue to spend despite deteriorating sentiment.

Asia-Pacific: Taiwanese and South Korean equity markets are pricing in a deep slump in global chip sales.

China: US-listed Chinese shares are struggling.

Cryptocurrency: July was a strong month for cryptos, with ether (ETH) in the lead among the top tokens.

Equities: July was a good month for stocks.

Food for Thought: Here’s a look at the number of skyscrapers by city.

Edited by Alexander Bowers

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