🤫 Psst, we might be past peak inflation

Chinese ecommerce platform Pinduoduo throve last quarter | Prices might finally be about to ease up | [Finimize]( Hi {NAME}, here's what you need to know for November 29th in 3:11 minutes. ❄️ This December you’ll have deadlines to meet, gifts to choose, and utterly intolerable in-laws to endure. But don’t let the hubbub distract you next week. Join us next Tuesday and Wednesday for our annual [Modern Investor Summit](, and fine-tune your 2023 investment strategy with the pros. [Get your free ticket here]( Today's big stories - Chinese ecommerce platform Pinduoduo showed off some tantalizing quarterly results - Peek at this playbook and invest like a leading fund manager – [Read Now]( - There were signs global inflation might have already peaked Pinduoduo Looks Like A Pin-Up [Pinduoduo Looks Like A Pin-Up] What’s Going On Here? Chinese ecommerce platform Pinduoduo [revealed]( some eye-catching quarterly results on Monday. What Does This Mean? Folk wisdom says that lockdowns are bad for everyone besides Netflix and online shops – and the success of ecommerce firm Pinduoduo, amid China’s [record]( Covid infections and locked-down cities, seems to confirm that. After all, you don’t stop buying groceries when you need to stay home: you just use a platform like Pinduoduo instead. Fresh produce, consumer electronics, and cosmetics were key money-makers last quarter: as consumer spending recovered, they catapulted the firm’s revenue well past analyst expectations, to beat the same quarter last year by a stone-cold 65% ([tweet this](). No wonder investors pushed the company’s sturdy stock up 15% when the news broke. Why Should I Care? Zooming in: Heading for the heart of the Amazon. Not content with domestic success, Pinduoduo’s already making moves overseas, [launching]( the US shopping site Temu just a few months ago. But the going won’t be easy. For one, Temu’s encroaching on the territory of none other than Amazon, the titan of titans. And for another, the firm’s one- or two-week shipping times won’t endear it to impatient customers used to breakneck delivery. What might sweeten the deal, though, are its prices: the firm’s close ties with low-cost Chinese manufacturers keep its offerings cheap and cheerful. The bigger picture: It’s crunch time. The [eruption]( of volcanic anti-lockdown protests in China has caught the world’s attention and put the government in an awkward bind: either perform a very public U-turn and risk a surge in deaths among the under-vaccinated elderly – or crack down and hope a flourish of the iron fist puts any further criticism to bed. And while economists at Abrdn don’t see China wavering from its zero-Covid approach in the near-term, those at Goldman Sachs do [reckon]( there’s a 60% chance the country will reopen before next July. Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Pinduoduo Looks Like A Pin-Up&utm_campaign=daily-global-29-11-2022&utm_source=email) Analyst Take How To Match The Returns Of A Top UK Fund Manager [How To Match The Returns Of A Top UK Fund Manager]( By Jonathan Hobbs, Analyst The Lindsell Train Global Equity Fund’s been a [big-time favorite]( among UK investors for the past decade – myself included. It’s not a benchmark hugger: its fund managers embrace a [simple yet effective]( strategy when it comes to picking stocks for the long run. And even if you don’t live in the UK, you could do pretty well for yourself by [copying what they do](. That’s today’s Insight: [how to invest in global stocks like a top fund manager.]( [Read or listen to the Insight here]( Finimize x Revolut Pretty good stuff, right? Our analysts write Insights like this every day, and you can read every single one of them with [Finimize Premium](. There’s no better time to get started: our new partnership means you can get [six free months of Finimize Premium]( and [three free months of Revolut Premium]( if you [sign up for Revolut today](. We’ll even send you £10 (or equivalent) to your Revolut account to get you started. Connect your brand with the next generation of investors Our one-million-strong international [financial community]( has some big plans. They want to [develop their investing skills]( and discover expert tools that could help them trade better, all in a bid to achieve their dreams of financial freedom. [Your brand could help them]( do just that: whether you provide information, tools, or tricks, you could help retail investors around the world make smarter decisions. So [showcase your mojo in this very spot](, and introduce yourself to over a million engaged investors – you might even help us change the world of finance for the better. [Get in touch today](. [Get Your Name Out There]( Inflation’s Over The Hill [Inflation’s Over The Hill] What’s Going On Here? Global inflation might just have peaked, according to [reports]( out over the weekend. What Does This Mean? The world’s had too many unwanted records lately. After global inflation hit a new high of 12.1% back in October, the only new records we want now are the ones emerging from this year’s World Cup. Looks like there’s hope things are turning around, too: right on cue, Messi’s started [setting records in Qatar](, and there are signs inflation’s about to run out of steam. See, a number of closely-watched global metrics – like commodity prices, shipping rates, and inflation expectations – have begun to ease from their record highs. That’s supported by data from Capital Economics, showing that inflation’s peaked across emerging markets – while price pressures in developing economies are cooling down too. No wonder, then, some economists are predicting an end to global inflation’s record-setting streak. Why Should I Care? The bigger picture: Hold your horses. Central banks have been doing their darndest to get inflation under control these past few months, but this news won’t have them cracking out the champagne just yet. After all, there’s still a long way to go before we hit the 2% target rate set by most advanced economies. And let’s not forget that energy costs are still a sore spot: the war in Ukraine has got supply on a knife-edge, and Chinese demand could send prices skyward if the country’s economy comes back roaring. So sure, things might not be getting any worse right now – but high inflation isn’t going to disappear overnight. Zooming out: Christmas came early. Lingering high prices didn’t seem to daunt US shoppers over the holiday weekend, with data from Adobe Analytics [showing]( that they set an online-spending record of over $9 billion this Black Friday. And on reflection, it makes sense: this could've been shoppers’ last chance to buy gifts at a discount before Christmas rolls around. You might also like: [What’s next for the global economy: three scenarios.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Inflation’s Over The Hill&utm_campaign=daily-global-29-11-2022&utm_source=email) 💬 Quote of the day “I haven’t slept for ten days, because that would be too long.” – Mitch Hedberg (an American stand-up comedian) [Tweet this]( SPONSORED BY TILLIT A whole new investing Universe Wading through endless jargon and fact sheets gets old fast. That’s why the [experts at TILLIT]( created a [brand-new Universe](: one where you can [analyze a world of funds]( with [expert-written insights]( and intuitive filtering. You’ll have access to [metrics and forward-looking insights]( to help you make an educated decision, and you’ll never be stuck ploughing through complicated data or old-fashioned reports. That’s not even the best bit, mind you: you could [win £1,000 by simply opening a TILLIT account and depositing £100]( – that’s a pretty sweet deal. [T&Cs apply](. [Discover a new investing universe today with TILLIT](. Whenever you invest your capital is at risk. [Find Out More]( When you support our sponsors, you support us. Thanks for that. 🌍 Finimize Live 🥳 Coming Up This Week… All events in UK time. 🇬🇧 [Making Smart Portfolio Moves During A Cost-Of-Living Crisis](: 5pm, November 29th 🌍 [Finding Opportunities In A Challenging Market With BlackRock](: 1pm, December 2nd 👀 And After That… 🇦🇪 [The Modern Investor Opening Party In Dubai](: 6pm, December 6th 🎉 [Modern Investor Summit](: 12pm, December 6th and 7th ♻️ [Green Energy Could Be A Better Investment Than Oil](: 5.30pm, December 12th 🥂 [The Best Luxury Stocks To Buy In 2023](: 5pm, December 15th 🎯 On Our Radar - Now that’s a getaway. This short film examines the people [keeping one luxury resort afloat](. - Black-and-white Boston. These moody, monochrome snaps [capture a lost city](. - Bruised and beautiful. The odd shiner can [be a blessing](. - Take a walk in a rich man’s shoes. Check out Christian Louboutin’s [Parisian nest](. - It’s gifting (and getting) season. Here’s how you can [receive gifts with grace](. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: IgorGolovniov - Shutterstock | Marti Bug Catcher, ganjalex - Shutterstock Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021 [View Online](