Real estate investment trusts (REITs) in the US topped a generally rising tide in last week’s market action for the major asset classes, based on a set of exchange-traded products. The lone weak spot over the five trading days through Dec. 15: US junk bonds.
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Daily Archives: December 18, 2017
Macro Briefing: 18 December 2017
Republicans expect tax bill will become law this week: Reuters
Trump to focus on economic competitiveness in speech today: USA Today
US industrial output y-o-y rises 3.4% in Nov, a 3-year high: MarketWatch
NY Fed Mfg Index eases in Dec, but still reflects solid growth: NY Fed
Forecasts call for best holiday season for spending in 7 years: CNBC
Bitcoin futures debut on second futures exchange: Bloomberg
Rising student-debt defaults put US economy at risk: Business Insider
GOP’s proposed corporate tax cut may be smaller than it appears: FiveThirtyEight