Across-the-board rallies in all the major asset classes last week strengthened year-to-date performances in markets around the world, based on a set of ETFs. The downside outlier: a broad measure of commodities, which continues to post a moderate loss so far in 2023 as of Friday’s close (July 14).
Daily Archives: July 17, 2023
Macro Briefing: 17 July 2023
* Market’s high weights in big stocks suggest investors uncertain on economy
* China GDP growth for Q2 rises substantially less than forecast
* Analysts cut China growth outlook after disappointing Q2 data
* Russia suspends grain deal that allowed Ukraine exports to world
* As the demographics of aging unfold, it will reshape the global economy
* Markets cautiously optimistic that inflation will continue to ease
* Equity strategists lift S&P 500 earnings forecasts
* US stocks (S&P 500) on Friday closed at highest weekly high since March 2022:
