* Treasury Secretary Yellen visit China this week
* Is the US salary survey overestimate the strength of the labor market?
* Car manufacturers pushed in the extraction of lithium to be competitive in the electric vehicle market
* The factory’s activity in China remains lazy in June via data from the PMI survey
* Does AI signal the beginning of the fourth industrial revolution – or is it a bubble?
* Apple becomes world number one first 3 trillion dollar company based on market capitalization
* Will the United States avoid a recession this year? Economists are still discuss
* The US stock market begins trading this week at its 14-month high:
U.S. bank stocks continue to trade near record lows after the March meltdown sparked by the Silicon Valley Bank collapse. “While valuations and a pullback in equities make banks attractive on the surface, the twin worries of a recession later in the year and the impending glut of downtown office real estate offer pause,” writing Bill Stone, Chief Investment Officer of The Glenview Trust Company. “Generally, the view is that megabanks are safe and could benefit from deposit flight and concerns about smaller banks. In addition, large banks are less exposed to potential problems with office real estate loans. Continuing to hold the big banks or perhaps adding them selectively makes sense, but it seems too early for a big bet on the banks, and investors should be very careful in the smaller banks.
