Investment-grade US fixed income provided relief from the losses that otherwise weighed on the major asset classes last week, based on a set of exchange-traded funds.
Daily Archives: August 23, 2021
Macro Briefing: 23 August 2021
* Firefight at Kabul airport extends chaos in Afghanistan
* House Dems return from summer recess to advance ambitious domestic agenda
* Fed bond-buying stimulus in focus at this week’s Jackson Hole summit
* Eurozone economic activity is strong in August, near 15-yr high via survey data
* UK economic growth slows to a 6mo low in Aug via PMI survey data
* Computer-ship shortage remains a headwind for the economy
* US and int’l data releases falling short of forecasts at accelerating pace: