This much is clear: the sharp decline in the S&P 500 yesterday (April 2) confirms that the downside bias in the first three months of the year has spilled over into the second quarter. It’s also obvious that the latest market stumble has inspired a new round of warnings from analysts.
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Daily Archives: April 3, 2018
Macro Briefing: 3 April 2018
Wall Street falls sharply amid tech and trade-war concerns: Reuters
Korea expert recommends cancelling Trump-Kim meeting: CNBC
US ISM Mfg Index edged down to still-strong 59.3 for March: MarketWatch
US Mfg PMI rose to 3-year high in March: IHS Markit
Construction spending in US posted a weak 0.1% gain in February: Reuters
Eurozone mfg sentiment still positive in Mar, but eased to 8-month low: IHS Markit
German retail spending fell for third month in February: Reuters
Fed funds futures predicting no change in rates at FOMC meeting in May: CME
US visitor visas fall 13% over past year: Politico