Daily BriefsMacro

Daily Brief Macro: Is QE Returning By Stealth in 2023? and more

In today’s briefing:

  • Is QE Returning By Stealth in 2023?
  • CX Daily: Historic Middle East Summits Cap Xi’s Year-End Diplomatic Push

Is QE Returning By Stealth in 2023?

By Michael J. Howell

  • Global debt projected to test US$315 trillion (ex-financials) in 2023, or 312% of World GDP. Too much debt increases financial fragility
  • Financial dominance driving a return to Central Bank QE. Global Liquidity will reverse its recent fall and rebound to US$174 trillion
  • More liquidity is consistent with a future stabilization and moderate gains in World asset markets. Gold looks to be a winner

CX Daily: Historic Middle East Summits Cap Xi’s Year-End Diplomatic Push

By Caixin Global

  • China-Middle East /: Historic Middle East summits cap Xi’s year-end diplomatic push
  • Covid-19 /: China ends quarantine requirement for inbound travelers despite surge in Covid-19 cases
  • Fraud /: Fuyuan Beauty Salon’s chairman gets 16-year sentence for fundraising fraud

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