Annual returns for equity sectors are always a study in contrasts, but the blowout performance of energy stocks in 2022 is unusually divergent vs. the rest of the field, based on a set of proxy ETFs.
Daily Archives: December 29, 2022
Macro Briefing: 29 December 2022
* Russia launches yet another massive missile barrage across Ukraine
* US requires negative Covid test for travelers from China
* Forecasts of a global recession may be premature
* Consumers have been key to economic growth this year. Can it last?
* European natural gas prices fall to pre-Ukraine war levels
* Investors expect that the US dollar’s strength has peaked
* ExxonMobil sues EU to block new energy windfall tax on oil companies
* US pending home sales in November fall to second-lowest level on record:
