Mr. Market doesn’t explain himself, but he does drop clues about preferences. Interpretation is mostly art, but it can be worthwhile when there are clear signs of trend changes. One approach for monitoring such events is comparing ETF pairs.
Daily Archives: January 11, 2023
Macro Briefing: 11 January 2023
* World Bank sharply lowers growth outlook for world economy in 2023
* Powell says Fed may need to make unpopular decisions to stabilize prices
* West’s war on Russia’s oil revenues is starting to take toll on country’s finances
* US and allies preparing new sanctions on Russian oil industry
* Cryptocurrency exchange platform Coinbase is laying off 950 employees
* Narrower measures of core inflation are in focus for tomorrow’s CPI report
* First AI-powered robot lawyer to make debut in a US court
* Policy-sensitive 2-year US Treasury yield remains relatively steady at ~4.2%:
