American equities have enjoyed a hefty return premium for much of this year relative to the rest of the major asset classes, but in the current environment that outlier performance looks increasingly vulnerable.
Daily Archives: October 23, 2023
Macro Briefing: 23 October 2023
* Recent economic data suggest US economy is accelerating
* Bond vigilantes are coming back, says UBS strategist
* US economy appears to be less interest-rate sensitive
* Chevron will acquire Hess in latest deal for oil majors
* China opens tax investigation into Foxconn, Apple’s iPhone maker
* Time horizon still matters for asset allocation decisions
* US 10-year Treasury yield tops 5% in early trading on Monday:
