* China says it’s going to ‘take countermeasures’ in opposition to US in balloon saga
* European Union bans gross sales of gas-powered automobiles beginning in 2035
* ‘Earnings recession’ anticipated for US firms
* Small US enterprise sentiment ticks up however stays beneath 49-year common
* Logistics managers warn of persistent inflation threat in provide chains
* Rally in rising markets faces headwinds as US economic system stays resilient
* Aggressive regulatory actions from US authorities rattle crypto markets
* US shopper inflation’s one-year development continued to ease in January:

Comparatively greater allocations to bonds look engaging within the present surroundings, advises BlackRock’s iShares ETF division: “Whereas beneath its 2022 peak of round 4.35%, the 10-year U.S. Treasury observe at the moment sits at 3.46%. Importantly, the 2-year U.S. Treasury invoice is even greater – hovering round 4.20%. after beginning 2022 at 0.80%.4 This implies buyers can now obtain yield targets at a lot decrease ranges of fairness threat than in years previous, underscoring the improved position that bonds can play in an buyers’ total portfolio. In a ‘greater for longer’ surroundings, buyers can earn a wholesome coupon in high-quality fastened revenue with out taking up an excessive amount of rate of interest threat at yield ranges not seen since 2007.”