Economics
Macro Briefing: 10 July 2023
* Joe Biden arrives in UK ahead of this week’s NATO summit in Lithuania * Yellen says China talks ‘productive’ after meeting in Beijing * This week’s…
* Joe Biden arrives in UK ahead of this week’s NATO summit in Lithuania
* Yellen says China talks ‘productive’ after meeting in Beijing
* This week’s US inflation report will bring new clues for Fed rate hike outlook
* China on brink of deflation
* US banks set to report biggest loan losses since pandemic
* Don’t rule a US recession out just yet, says Treasury Sec. Yellen
* US private-sector hiring in June eases to slowest pace in 2-1/2 years:
Real yields are rising again, posing a threat to stocks. “There’s a big risk that this real yield rise starts to damage the corporate sector,” says Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International. “It’s a huge shock if you are refinancing right now.” Arun Sai, a senior multi-asset strategist at Pictet, advises: “What [stocks] are pricing in is that ultimately real rates will come off quite strongly in the next year,” said Arun Sai, a senior multi-asset strategist at Pictet. “But if real yields stay high it will be damaging to equities.”
Argentina Is One of the Most Regulated Countries in the World
In the coming days and weeks, we can expect further, far‐reaching reform proposals that will go through the Argentine congress.
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
Crypto, Crude, & Crap Stocks Rally As Yield Curve Steepens, Rate-Cut Hopes Soar
A weird week of macro data – strong jobless claims but…
Fed Pivot: A Blend of Confidence and Folly
Fed Pivot: Charting a New Course in Economic Strategy Dec 22, 2023 Introduction In the dynamic world of economics, the Federal Reserve, the central bank…
