Nearly every corner of the financial and commodity markets stumbled in 2018. Except for a modest gain in cash and a flat performance for a broad measure of US investment-grade bonds, last year was awash in red ink.
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Daily Archives: January 2, 2019
Macro Briefing: 2 January 2019
Trump offers to ‘make a deal’ with Dems on partial gov’t shutdown: Fox
President Xi says Taiwan ‘must and will be’ reunited with China: BBC
Brazil’s new right-wing president promises sweeping changes: CBS
N. Korea’s Kim calls on US to end sanctions: NY Times
US stock futures fall after weak data on China’s mfg sector: Bloomberg
Eurozone mfg growth continued to decelerate in Dec: IHS Markit
Dallas Fed Mfg Index was surprisingly weak in Dec: Houston Chronicle
China can’t avoid an economic slowdown: National Interest
PMI survey data: China’s mfg output contracts for first time in 19 months: CNBC