Energy was the hot sector last year, but so far in 2023 it looks like a shift in leadership could be unfolding, based on a set of sector ETFs through the close of trading on Jan. 25.
Daily Archives: January 26, 2023
Macro Briefing: 26 January 2023
* Russia launches new attacks on Ukraine, which lauds West’s plan to send tanks
* Hiring surge by small firms complicates Fed’s plans to cool inflation
* Sen. Manchin seeks delay in new tax credits for electric vehicles
* Will a gain in today’s Q4 GDP report minimize recession risk?
* Consumer prices remain high despite softer inflation data
* Investors eye layoffs at investment banks as recession indicator
* Does Google antitrust investigation threaten its dominance in search business?
* Smartphone shipments plunge in Q4, largest decline on record
* US housing demand showing signs of rebounding, advises Redfin: