2024: A Year in Review, Part 2

I’m following up on my last article. As you can see, I’m spacing these out because they’re much longer than I normally write and therefore take up a substantially increased amount of time. Today, I’ll explore the financial and economic anomalies that shaped the past year, from U.S. mega-cap stock performance to China’s record trade surplus. I’ll unpacks key narratives—U.S. exceptionalism, fears of a US bond collapse scenario, and China’s confidence crisis- and their potential future impact.