Daily Archives: June 28, 2023

Macro Briefing: 28 June 2023

* Biden unveils “Bidenomics” re-election pitch to voters
* US reviewing new restrictions on AI chip exports to China
* Will exports pull China out of its economic slowdown?
* US Consumer Confidence Index rises to 17-month high in June
* US home prices post first year-over-year decline in 11 years in April
* US nearshoring push helps lift Mexico exports to near-record level
* Walgreens stock falls as company warns consumers pull back on spending
* Fed funds futures price in moderately high odds for another 1/4-point rate hike:

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