Risk-off sentiment is back, or so recent market activity suggests. Maybe risk-off never left. There are many ways to assess this state of affairs. Let’s check in on one that uses market data via ETF pairs for some real-time perspective, as of yesterday’s close (Wed., Sep. 14).
Daily Archives: September 15, 2022
Macro Briefing: 15 September 2022
* Chin’s Xi and Russia’s Putin hold summit
* US rail strike averted after tentative deal is reached
* Policy-sensitive 2-year Treasury yield briefly tops 3.8%
* Mortgage rates top 8% for first time since 2008
* Demand for mortgages fall sharply as interest rates rise
* Higher rent prices are a key driver of inflation
* Wholesale inflation in US slips in August to still-high 8.7%
* California sues Amazon, alleging antitrust violations
* Business inflation expectations fell to 9-month low via Atlanta Fed survey:
