Over the wall 📶

Bank on it: According to Bank of America, Japan’s stock boom will drive equity sales through year 2024.

Legal troubles: Amazon had been sued by the US’ FTC for allegedly monopolizing online marketplace services.

Swapping place: Florida overtook New York as the second most valuable US housing market in 2023.

Closing shops: Target has been closing stores in US states over concerns of organized crime and theft.

Crypto criminal: Hong Kong’s investigation of unlicensed crypto platform JPEX has led to the arrests with allegations that the company defrauded investors of the equivalent of $192 million.

Going backwards: S&P noted this year (2023) that US bank deposits fell for the first time in data going back to 1994.

Paying for ethics: McKinsey is paying out hundreds of millions of dollars in settlements for advising opioid companies.

Manufacturing king: China holds 70% of the world’s production capacity of cathodes, 80%+ of anodes, and well over 50% of electrolyte and separator output.

At a cost: Mexico’s state oil company is trying to find ways to charge Cuba for oil.

Bumping up: India is likely to become the world’s 4^th largest exporter of goods and services by 2029.

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