Escaping the pull of market beta is always tough for equities, especially in a year of sharp losses for the broad market. Although some slices of risk factors are doing better than others, financial gravity continues to dominate in 2022, based on a set of proxy ETFs.
Daily Archives: September 8, 2022
Macro Briefing: 8 September 2022
* US approves $2.7 billion in new aid for Ukraine
* Fed Vice Chair Brainard says central bank is committed to taming inflation
* Fed’s Beige Book: US economy’s recent activity mostly unchanged since early July
* China extends covid-19 lockdowns in megacity Chengdu
* Climate change is expected to exacerbate disruptions for global supply chains
* Japan’s economy expanded more than initially estimated in Q2
* So-called quiet quitters reportedly make up half of US workforce
* Bond market decline weighs on Treasuries and corporates
* Considering the case for a ‘soft landing’ for the US economy
* Crude oil (US benchmark price) falls to seven-month low on Wednesday: