Red ink spilled across nearly every slice of the major asset classes in April. Commodities were the exception, posting a solid gain. Otherwise, losses prevailed, based on a set of ETF proxies.
Daily Archives: May 2, 2022
Macro Briefing: 2 May 2022
* EU energy ministers in crisis talks re: Russia’s energy supplies
* Rumors of Putin’s ill health emerge
* Fed funds futures predicts 1/2-point rate hike at Fed meeting this week
* Three signs that suggest inflation may be peaking
* Inflation has surged, growth has slowed, but experts don’t expect stagflation
* Consumer-staples stocks return to the limelight for jittery investors
* Recession is main concern for institutional investors
* US consumer spending rose for third month in March:
