Markets are still struggling to price in a variety of risk factors, including: How long and how far will interest rates rise? When will inflation peak? How will the war in Ukraine evolve? Is a global recession fate, and if so how deep will it be? No one has a crystal ball and the future’s always uncertain, but trending behavior in markets can offer some useful perspective, particularly when debates about the future are unusually stark.
Daily Archives: August 23, 2022
Macro Briefing: 23 August 2022
* US natural-gas futures reach 14-year high
* Eurozone economic activity fell for second month in August via survey data
* Euro at two-decade low vs. US dollar
* UK economic activity near virtual standstill in August, PMI data shows
* Pimco analyst predicts great moderation for inflation is “fully behind us now”
* Strong US dollar takes a toll on gold and silver prices
* US economic activity rebounded in July via Chicago Fed Nat’l Activity Index:
