For a second week in a row, securitized real estate stocks in the US posted the biggest gain for the major asset classes, based on a set of exchange-traded funds. But last week’s trading activity suddenly seems like ancient history this morning in the wake of a sharp wave of selling in overseas markets today.
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Daily Archives: May 6, 2019
Macro Briefing: 6 May 2019
New trade threats from Trump weigh on markets: WSJ
China says it’s still preparing for US trade talks: CNBC
US warships sail in disputed South China Sea: Reuters
US deploying carrier, bombers to Middle East to deter Iran: CNN
Trump’s re-election prospects strengthened by strong US economy: The Hill
Nearly all asset classes are posting gains so far in 2019: WSJ
ISM Non-Mfg Index: growth rate decelerated to 2yr low in April: MW
Growth in US services sector eased to slowest pace since March 2017: IHS Markit
US trade deficit widened slightly in March: MW
US job growth accelerated as jobless rate fell to 50yr low: Reuters