Most of the major asset classes retreated in April. The overall losses mark the worst month for global markets so far in 2024, based on a set of ETFs.
Daily Archives: May 1, 2024
Macro Briefing: 1 May 2024
* US home prices increased again in March, reaching new record high
* Worker pay rose more than forecast in Q1, highlighting sticky inflation
* S. Korea export growth–a global bellwether for trade–accelerated in April
* Major US newspapers sue OpenAI, Microsoft for copyright infringement
* Election year politics are complicating the Fed’s policy decisions
* US consumer confidence index falls in April to lowest level in nearly 2 years: