While ostensibly the topic is about Amazon competing with Temu and Shein, it's really a story about growing commerce in China. I worry this is going to be dangerous as we continue to apply tariffs. I prefer a firm to continue to grow in the US.
I comment on the Fed's bank stress tests, but the real danger is private equity - something we don't talk about enought.
Then the question will come up - the election. The market is telling us a Trump presidency is good for growth. That is just the market's opinion.