Part 10/13:
The macro picture remains complicated, with bank lending declining relative to government deficits, signaling potential liquidity tightening. Additionally, layoffs continue in big tech companies, notably Google, underscoring a cautious economic outlook.
US and Chinese Stocks: Diverging Trends
US markets remain robust with a 71.75% increase in Bitcoin's performance in the last 90 days, versus a modest 7.91% gain in the NASDAQ. Chinese stocks, particularly EV makers, are under pressure amid economic slowdown fears and regulatory concerns.