The energy sector has been red hot for much of the past year, but there are still pockets in this corner that remain battered, at least in relative terms. Notably, oil and gas equipment stocks remain deep in the red in absolute and relative terms, based on relative rankings for a set of 145 ETFs that cover the waterfront for the major asset classes.
Daily Archives: January 31, 2023
Macro Briefing: 31 January 2023
* China’s economy grows in January (PMI survey)–first expansion since September
* Is a bull market returning to China’s stock market?
* Will China’s reopening keep global inflation higher for longer?
* Biden reportedly moves to halt US exports to Huawei, according to reports
* Eurozone GDP posts slight growth in Q4, beating expectations of a dip, but…
* German economy unexpectedly shrinks in Q4, raising risk of recession
* Demand for oil and gas will drop dramatically by 2050, BP projects
* IMF raises growth outlook for world economy in 2023:
