Losses took a toll on markets around the world, with US stocks and bonds posting the smallest setbacks last week, based on a set of ETFs representing the major asset classes. Commodities and property shares ex-US, by contrast, took heavy blows in the trading week through Friday’s close (May 12).
Daily Archives: May 15, 2023
Macro Briefing: 15 May 2023
* Biden and GOP House leaders to meet on Tuesday for debt-ceiling talks
* Plunging tax revenue brings debt-ceiling crisis closer
* Turkey’s presidential election in Turkey heads to runoff vote
* Ukraine’s Zelensky in UK for surprise meeting with prime minister
* Germany pledges ‘unwavering’ support for Ukraine as Zelensky visits
* Automakers rush to get into mining as electric-vehicle market grows
* Vice Media files for bankruptcy after years of financial troubles
* US consumer sentiment in May falls to lowest level since November:
