There’s nowhere to hide in US stocks from a risk-factor perspective, but high-dividend-yielding shares are still the first line for blunting losses year to date, based on a set of proxy ETFs through yesterday’s close (Sep. 27).
Daily Archives: September 28, 2022
Macro Briefing: 28 September 2022
* Will UK Prime Minister Liz Truss’s economic gamble sink her goverment?
* IMF urges UK to ‘reevaluate’ tax cuts amid inflation concerns
* Hurricane Ian threatens to be one of the costliest storms in US history
* Sabotage is suspected in leaking Russian gas lines to Europe
* China’s current falls to record low against US dollar
* US core durable goods orders continued rising in August
* US home prices eased in July at fastest rate in history of S&P Case-Shiller Index
* New home sales in US rebounded in August, rising nearly 29% vs. July
* San Francisco Fed president: central bank doesn’t intend to tip US into recession
* US Consumer Confidence Index rose for a second month in September:
