The dark side of rising interest rates is conspicuous near and far, but there’s also a bright side: higher yields, which are a byproduct of risk assets that take a beating in price, which in turn lifts trailing payout rates.
Daily Archives: September 16, 2022
Macro Briefing: 16 September 2022
* World Bank sees higher risk of 2023 recession amid global rate hikes
* Putin admits China has ‘questions and concerns’ over Russia’s war in Ukraine
* China retail sales, industrial output rise more than expected
* US industrial output dips in August but manufacturing activity turns up
* US jobless claims fell for a fifth straight week
* Worker strikes on the rise amid new demands for pay raises
* Gold falls to 2020 pandemic levels as rate hikes take a toll
* Philly Fed Manufacturing Index fell in September
* New York Fed Manufacturing Index rebounds in September
* US retail sales picked up in August, posting upside surprise:
