Whenever I update CapitalSpectator.com’s long-term return forecasts for the major asset classes I sometimes receive emails from readers asking for comparable estimates for shorter-term horizons. My standard response: there’s already a fair amount of noise in the long-run outlook and the noise rises for shorter time horizons.
Daily Archives: August 30, 2022
Macro Briefing: 30 August 2022
* Violence rocks Iraq’s Green Zone amid violent protests
* Ukraine says new offensive in south is breaking through Russian defences
* France says Russia using energy supply as “a weapon of war”
* Pakistan’s planning minister says country’s floods will cost $10 billion
* US and China announce deal to avoid mass delistings of China stocks from US
* China bank scandal widens as hundreds are arrested
* Russia is raking in more money than ever from selling crude oil
* Global sea levels expected to rise nearly a foot due to Greenland ice losses
* Mortgage lender bankruptcies are rising
* Eurozone economic sentiment falls in August to 18-month low
* 3mo/10yr US Treasury yield stays positive — just barely:
