Monday Macro - The coming liquidity crisis, big changes in Asia and the rise of hydrogen as long term energy storage

Plus why we’re finally moving into a proper bear market despite optimistic estimates for 2023 earnings growth. And why the US dollar might be overvalued which could be bad news for US equities

I thought I’d kick off today’s run-through of key big-picture stuff with two fascinating factoids relating to Asia.

Fact 1: China’s growth rate puts it at the bottom of the Asian pack

This is from the excellent China commentator Dexter Roberts HERE:

“For the first time in over twenty years, developing economies in Asia are growing faster than China, report…