US Immigration and Economy Outpace Asia; Trump SPAC Surges; China and Japan Grapple with Inflation and Stimulus Impacts; UK Retail Sales Point to Consumer Rebound

• Immigration fueling US edge over Asia as economic power • Shares of Trump SPAC surging, possibly throwing financial lifeline • China worries excess liquidity from stimulus not reaching real economy • Japan consumer inflation rose in February, reinforcing rate hike bets • UK retail sales flat but still on track for consumer-led rebound