All the major asset classes scored gains last week, delivering more relief from widespread losses in 2022, based on a set of ETF proxies through Friday’s close (Jan. 13).
Daily Archives: January 16, 2023
Macro Briefing: 16 January 2023
* Treasury Sec. Yellen says US will reach its debt limit within days
* China’s reopening could boost the world economy
* US Treasury Secretary Yellen will meet Chinese vice premier this week
* Economists still see elevated US recession risk via Wall Street Journal survey
* Earnings expected to take center stage for stock market in coming weeks
* Warm winter reduces bite of Russia’s energy war on Europe
* US Treasury market yields fall so far in 2023, in contrast to last year’s start
* India’s head of central bank asks for ban of crypto
* Richest 1% accumulate nearly two-thirds of new wealth created in last 2 years
* US Consumer Sentiment Index rebounds in January to 9-month high:
