The major asset classes suffered another harsh run of monthly losses in September, based on a set of proxy ETFs. Once again, nothing was spared (except for cash). Otherwise, losses dominated, echoing results in August.
Daily Archives: October 3, 2022
Macro Briefing: 3 October 2022
* Brazil’s divisive presidential election goes to second round
* UK Prime Minister Truss makes U-turn on tax cuts after market turmoil
* OPEC+ considers production cut after slide in oil prices
* Ukraine continues to recapture territory
* Some Fed officials starting to question rate-hike policy
* Global natural gas market to remain tight in 2023, predicts IEA
* Credit Suisse shares tumble on concerns of investment bank’s financial health
* Cash no longer trash as investors rediscover appeal of Treasury bills as rates rise
* Consumer spending in US rebounded in August
* US 10-year Treasury yield rose for ninth straight week through Friday:
