Global Courant
Investment strategy: an intellectual excursion to 2024
David Woo writes that recent lawsuits involving Hunter Biden and Donald Trump have so far had little impact on markets. However, the upcoming 2024 election, which already appears to be a vote on American democracy, could have long-term implications for the market.
No thaw after Blinken visit to China as US allies slip from their belts
David Goldman predicts that US-China relations will freeze rather than improve. As tensions continue and potentially worsen, escalating rhetoric and accusations from Washington can be expected, while China remains wary of continued economic pressure from the US.
Ukrainian counter-offensive stalls as Russian troops gain ground
James Davis describes several developments that could affect the ongoing conflict in Ukraine. So far, the Ukrainian counter-offensive against Russian forces has not yielded significant success and many of Kiev’s goals, such as cutting off the land bridge to Crimea, remain unfulfilled.
Chip War cools as Micron invests $600 million in China
Scott Foster notes that despite previous concerns about security risks, Micron’s decision to invest in China suggests a shift in the dynamics of the chip war, as reports that Chinese companies are completely stopping purchases from Micron appear to be false.
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