A negative tailwind blew through most of the major asset classes, in trading last week (through Friday, Jan. 7) via a set of proxy ETFs. The main exception: commodities, which rallied in the week just passed.
Daily Archives: January 10, 2022
Macro Briefing: 10 January 2022
* Russia warns of misunderstanding re: Ukraine ahead of talks with US
* Goldman Sach predicts four US rate hikes for 2022
* Key events to this week: inflation, interest rates and Fed testimony in Congress
* Emerging-market nations must prepare for US rate hikes, IMF advises
* Higher interest rates are boosting shares of bank stocks
* German 10-year yield poised to rise above zero for first time in 3 years
* US payrolls rose less than forecast in Dec but labor mkt near max employment
* US 10-year Treasury yield starts week at highest level in nearly two years:
