For most equity strategies diversified across global markets, this year’s results will be painful. Short of a dramatic run higher between now and the end of 2022, red ink will prevail. But when losses dominate, it’s time to start looking for bargains.
Daily Archives: November 30, 2022
Macro Briefing: 30 November 2022
* Biden calls on Congress to ‘immediately’ pass legislation to avert rail shutdown
* Junk bonds rise, fueled by speculation that rate hikes have peaked
* China manufacturing activity fell at a deeper pace in November
* China may reopen in March, easing zero-Covid policy, predicts economist
* Eurozone inflation eases slightly as energy-price surge softens
* Stagflation risk for the US is rising, warns analyst
* Home prices in US fell for third straight month in September
* US consumer confidence eased for second month in November:
