Finally, COVID is “over” in Shanghai. Now that the CCP declares its victory, the US will likely become more comfortable, temporarily.
America certainly needs that relief.
We already see that reflected in container prices. At this point in the cycle, anything helps.
I used to believe China had already won against the US until they decided to crush founders with oppression (Didi, Alibaba, PinDuoDuo -- and hundreds of others).
There is still hope for freedom; once they meddle with self-made tech billionaires, they start to lose since there is no point in building wealth if you don’t have ultimate lasting freedom.
Fortunately, institutional investors in Brazil now understand that they must have a better, diversified portfolio across all asset classes.
I’m building something new. I will no longer send emails via the Stoic Capital brand or this Substack account. More to come, soon.
The most powerful force that made America prosper is wealth creation. Everyone blessed enough to live in the US will own a home at some point...Not anymore.
