For a second straight week, all the major asset classes fell in trading through Friday’s close (Sep. 23), based on a set of ETF proxies. From bonds to stocks, along with real estate shares and commodities, red ink swept across global markets.
Daily Archives: September 26, 2022
Macro Briefing: 26 September 2022
* US warns Russia of ‘horrific’ consequences if nuclear weapons used in Ukraine
* Far-right leader looks set to become Italy’s next prime minister
* Tropical Storm Ian, expected to become hurricane, heading to Florida
* British pound tumbles to record low vs. the dollar
* War in Ukraine to cost global economy $2.8 trillion by 2023’s end: OCED
* Buying the dip isn’t working this time… at least not yet
* US business activity continued contracting in September via PMI survey data:
