The trend has turned ugly, at least for the usual suspects in the land of asset classes. The question is when will it be comparatively safe to start raising risk exposures? Unclear, but when the tide begins to turn we’ll likely see early clues in price trends via several ETF pairs.
Daily Archives: June 15, 2022
Macro Briefing: 15 June 2022
* Biden may ease some of Trump’s China tariffs
* Fed today may announce biggest rate hike since 1994
* European Central Bank starts emergency meeting after bond-market sell-off
* US mortgage rates jump sharply: national average at 6.28% for 30-year fixed
* Crypto firms lay off staff, freeze withdrawals as digital coin prices tumble
* China industrial production posts modest rebound in May
* US wholesale price inflation up 10.8% in May, near annual record
* US small business sentiment eased to new record low in May
* US Dollar Index holds near 20-year high:
