A month ago it was reasonable to wonder if the worst was over for fixed income securities writ large. Four weeks later, Treasury prices are slightly higher, but the debate continues as investors consider how the Federal Reserve will adjust monetary policy, or not, in the weeks and months ahead.
Daily Archives: July 10, 2024
Macro Briefing: 10 July 2024
* Fed Chair Powell says keeping rates too high for too long threatens growth
* Financial stocks lead S&P 500 to new record high
* There’s a case for international investing for long-term investors
* China inflation remains soft in June, reflecting weak consumer demand
* China auto exports surge, helping offset sales slump at home
* Workers to strike indefinitely at South Korea tech giant Samsung
* US corporate bankruptcy filings in June rise above previous peak in 2020:
