More weak economic data; Youth unemployment, China-Central Asia Summit; Struggle; Don't joke about the PLA
Break out the Moutai in Zhongnanhai? US President Biden is going to Japan for the G-7 but has cancelled his planned visits to Papua New Guinea and Australia, for a Quad meeting, because he needs to be back in DC for the debt ceiling mess.
Summary of the Essential Eight:
Weak April economic data - Another sign that the Covid exit boom is more fizzle and p…