Cash is no longer trash, courtesy of sharply higher interest rates. Trailing yields on risky assets are looking up too.
Daily Archives: February 23, 2023
Macro Briefing: 23 February 2023
* Putin says China President Xi will visit Russia
* Fed minutes: officials remain set on more rate hikes to tame inflation
* US proposes first offshore wind auction in Gulf of Mexico.
* Several popular Chinese apps remove access to AI chatbot ChatGPT
* US home-purchase applications tumble to 28-year low
* US mortgage rates rise to highest level since November:
