Does US market action in January set the tone for the rest of year? If it does, the investment gods will favor shares in the energy sector and stocks with relatively high dividend yields in 2022, courtesy of strong runs for both slices of the market so far this month, based on a set of ETFs.
Daily Archives: January 13, 2022
Macro Briefing: 13 January 2022
* Fed’s Lael Brainard to tell Congress that cutting inflation is top priority
* Seek out companies with strong pricing power as inflation hedge, advises analyst
* US economy grew at modest pace in closing weeks of 2021: Fed Beige Book
* Russia is cause for Europe’s worsening natural gas crisis, IEA charges
* Grocery-store shortages are back, due to several causes
* Firms’ year-ahead inflation expectations steady in January at 3.4% (avg)
* Oil rally expected to continue in 2022, analysts predict
* US consumer inflation accelerated to 7% in December, a 40-year high:
