Energy stocks have stumbled in recent weeks, but this sector is showing signs of regaining its mojo. It could be noise or even a last gasp after an extraordinary bull run. But for the moment, shares in this corner remain the clear leader year to date, based on a set of sector ETFs through Tuesday’s close (July 26).
Daily Archives: July 27, 2022
Macro Briefing: 27 July 2022
* Biden to speak with Chinese counterpart Xi as tensions rise
* Global growth slowing, raising recession risk, IMF warns
* Fed may be just getting started in battling inflation
* Fed-induced recession is worse than inflation, writes former Fed economist
* Recession in Europe is all but assured as Russia squeezes gas flow
* US home prices post second month of slower but still strong growth in May
* New home sales in US fell more than expected in June
* US consumer confidence falls for third straight month in July:
