Recent data reveals a significant upturn in global business activity, indicating a bottoming out from the previous year. Shipping rates, a key indicator of global trade, are surging, propelled by Chinese stimulus measures and prolonged liquidity injections by central banks. Surprisingly, even amidst escalating tensions such as the Ukraine conflict and the Israel-Gaza crisis, stock markets remain resilient, experiencing boosts rather than implosions.

This resilience underscores the inherent perversity of the fiat money system, which rewards trend-following behavior regardless of external events. With the impending change in the United States White House at year-end, speculation looms over whether this trend will continue or if the markets will undergo a significant, engineered correction, to put a rotten egg into Donald Trump's nest...

Source: @crossbordercapital (X)