Chinese equities have, for much of this year, led this year’s broad-based rise in global stocks. But then the Trump administration decided to play hardball this month on trade—a decision that’s reshuffled year-to-date leadership for equities, based on the world’s major regions and markets via a set of publicly traded funds.
Daily Archives: May 22, 2019
Macro Briefing: 22 May 2019
US: Syria may be using chemical weapons again: Reuters
Pressure on House Speaker rises to begin Trump impeachment: The Hill
St. Louis Fed Chief lays out case for cutting rates: WSJ
US considers blacklisting several Chinese tech firms: Bloomberg
China’s ambassador to the US: Beijing still willing to talk on trade: MW
The Fed is worried about low inflation and a strong economy: NY Times
UK Prime Minister May’s final Brexit gambit implodes: Reuters
Americans’ confidence in US job market rises to record high (since 2001): Gallup
US existing home sales in April continue to slide for one-year comparison: MW