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"During his tenure, Mr Bailey oversaw live-action adaptations of Alice in Wonderland, Maleficent and The Jungle Book. His blockbuster movies also included The Lion King, Beauty and the Beast and Aladdin. Together his productions brought in an estimated $7bn (£5.5bn) in global box office takings for the media giant. But last year, he was also responsible for The Little Mermaid which failed to achieve the success of others."

That's a good CV. Only one of those is an original (and a spin off at that).
 

"He announced projects worth 64bn rupees ($774m; £607m) to support local agriculture and tourism. His comments about Article 370 - a constitutional provision which had granted significant autonomy to the former state of Jammu and Kashmir - echo what he said last month on a visit to mostly-Hindu Jammu.

Mr Modi's decision to impose direct federal rule angered many Kashmiris.

"One local leader said that almost none of those attending Mr Modi's rally would be going of their own free will. 'Employees who don't show up are being threatened with disciplinary action,' former Kashmir chief minister Omar Abdullah alleged in a message on X, formerly Twitter."

Enthusiastic crowds like the Russian rallies for Putin and the motherland.
 

"Reuters has also reported that Chinese e-commerce platform Temu has also begun taking market share from dollar stores."

You would have thought cheap stuff would sell in an inflationary environment. What's Temu?
 

"Reuters has also reported that Chinese e-commerce platform Temu has also begun taking market share from dollar stores."

You would have thought cheap stuff would sell in an inflationary environment. What's Temu?
temu = ultracheap shite with a selection of cheap shite that blows dollar stores away. but online
 

"The two countries just took very different paths to get here. Household, corporate and government debt is now equal to 335 per cent of GDP in the U.S., and 341 per cent in Canada."

That sounds horrible.

“'First, real [interest] rates are still half the level of the 1990s, even with the recent rise,' he wrote. 'Second, as we always say, every dollar of debt is someone else’s dollar of asset.'"

China? Do you still want to buy our sovereign debt?
 

"For Denise and Paul Nierzwicki, credit cards are the only way to make ends meet. The couple, ages 69 and 72, respectively, have about $20,000 in debt spread across multiple cards, all with interest rates above 20%."

20K of high interest debt - the worse legitimate debate - short of getting a pay day loan or going to a loan shark *and* you're past retirement age? Logical decision making isn't their strong suit. Did you lose a kidney and needed to buy one?

"...three years ago her credit card debt was less than half of what it is now."

Ahh okay. Addicted to low interest rates forever.
 

It looks grim.

Housing supply accelerated, but not enough to catch up. More and more people. Higher prices. Higher mortgages. Nowhere to go hide amongst the rental market. Boomers not selling. Bureaucratic red tape growing for high density residential buildings. Construction productivity going down. Construction costs going up.

"Time to head to Dubai."(™)
 

Leaving with honour....or what's left of it.

Suicide Samurai GIF
 

"Caliber’s 'consideration score' for Tesla, provided exclusively to Reuters, fell to 31% in February, less than half its high of 70% in November 2021 when it started tracking consumer interest in the brand.

Tesla’s consideration score fell 8 percentage points from January alone even as Caliber’s scores for Mercedes, BMW and Audi, which produce gas as well as EV models, inched up during that same period, reaching 44-47%."

Buyers don't like Tesla but investors still do...
 

"He echoes the broad consensus that while the ‘Magnificent 7′ clutch of mega tech stocks powering the market higher are expensive, they are not in that space yet. Expectations of $2 trillion in revenue and $300 billion profits this year see to that.

'Are they above fair value? Probably, but all great stocks are. Fair value is not a magnet that automatically draws markets there. In fact, stocks rarely find themselves at fair value,'"

Okay. I'll continue my totally unbalanced portfolio of holding US large cap ETFs.
 

"'This is just a very small percentage of the world getting back in or saying I need to rethink China,'...The vast majority of money in the past week has flowed into the biggest ETFs that offer broad exposure to a range of large-cap Chinese stocks. BlackRock’s $7.99 billion iShares China Large-Cap ETF saw inflows of $2.7 billion last week, according to Morningstar."

China is back (again).
 

"Shares in global reinsurers Swiss Re and Munich Re and in Lloyd’s of London players Beazley, Hiscox and Lancashire have fallen this week. Swiss Re, Munich Re and Beazley have been trading at record highs on the back of strong profits."

Profit margins are at stake. Climate change not good for reinsurers.
 

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