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China: New COVID cases reached record levels in recent days. And this time around, China’s population appears to be rejecting Beijing’s strict lockdown policies.

Faced with lockdowns and property market rout, China’s central bank eased policy again.

The United States: The S&P Global US PMI report showed a faster pace of contraction in business activity this month.

Energy: Uranium prices remain elevated.

Here is US uranium production over time.

Equities: The S&P 500 is at resistance.

Stocks are expensive according to the Longview Economics’ valuation indicator.

Credit: Real global debt issuance has been slowing.

Food for Thought:  Here’s a look at household debt per capita by state..

Edited by Alexander Bowers

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