Global MACRO Update: August 3rd, 2022

Pelosi visits Taiwan and China issues THREATS; Fed President James Bullard sees more interest RATE HIKES ahead; The China economy is contributing to a GLOBAL RECESSION and its real estate market could COLLAPSE; OPEC agrees to increase OIL SUPPLY after its meeting today; and Michael Saylor steps down as Microstrategy CEO to focus on BITCOIN.

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