Reviewing the major US equity factors on a year-to-date basis continues to show large-cap growth leading the horse race, based on a set of ETF prices through Friday, July 19. But last week may have been a turning point for the factor laggards, say analysts.
Daily Archives: July 22, 2024
Macro Briefing: 22 July 2024
* US presidential race set to tighten with VP Harris on track to replace Biden
* Stock market’s laggards have sprung to life in recent days as tech stumbles
* People’s Bank of China unexpectedly cuts short-term policy rate
* Tight oil market is set to fade in 2025, predicts Morgan Stanley
* Sovereign wealth funds turning bullish on emerging markets, survey shows:
