JUSA - As Good As It Gets

• The second quarter of 2020 saw the lowest year-on-year contraction on record. It was only to be expected, then, that the Q2 2021 number was going to outshine any period in recent history. The 12.2% gain from the same quarter in 2020 was indeed the fastest rate of growth since 1950.
• With that second-quarter recovery, US GDP has now recovered all the value lost from the downturn. China got there at the end of 2020, and the eurozone will most likely get back to square one by the end of this year.
• There are continued reports of a clampdown by Beijing on companies with foreign securities listings. Why does China seem willing to throw some of its most visibly successful tech and related sectors to the wolves?

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