After a stellar first half in 2022, the energy sector stumbled, inspiring some analysts to forecast that the bull run was over. But that view is looking premature as Big Oil shares rally anew.
Daily Archives: October 26, 2022
Macro Briefing: 26 October 2022
* The energy future the West wants is magical thinking
* Natural gas and electricity prices in Europe plunge from summer peaks
* Health insurance inflation, a key CPI input, is expected to drop sharply
* Microsoft reports profit slide amid slowdown in personal computing industry
* Hydropower, world’s biggest source of clean energy, is evaporating fast
* Atlanta Fed Mfg Index continues to report weak conditions in October
* US consumer confidence eases in October after gaining for two months
* US home prices decelerate at rapid rate in August: