Tuesday 11/07/23

In MACRO, MARKETS & CRYPTO NEWS, China heads towards deflation, Mark Rutte quits, Hunt announces reforms, UK stocks look cheap and Bitcoin may head to $100k. In CONSUMER & RETAIL NEWS, Bailey & Hunt ask for wage restraint, home sales weaken but there's a rush on remortgaging, landlords face losses, consumer spending keeps going up as credit cards get more usage, Disney parks get quieter and Waitrose signs up to Uber Eats. In TECH NEWS, chiplets look like the way forward, Foxconn ditches its Indian chip venture and Threads dents Twitter. In MISCELLANEOUS NEWS, Rheinmettall and BAE systems get chunky orders, QIA buys into basketball and law firm DWF goes private. AND FINALLY, I bring you engagement Crocs and banana hacks...


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