The long-term performance forecast for the Global Market Index (GMI) continued to edge lower in September. Today’s revised estimate marks the third straight month of decline for GMI, an unmanaged benchmark that holds all the major asset classes (except cash) according to market weights via a set of ETF proxies.
Daily Archives: October 2, 2024
Macro Briefing: 2 October 2024
Israel plans a “significant retaliation” to Tuesday’s massive missile attack from Iran that threatens to shift the Middle East to a regionwide war. “A full-scale war, or even a more limited one, could be devastating for Lebanon, Israel, and the region,” says Jonathan Panikoff, the director of the Scowcroft Middle East Security Initiative at the Atlantic Council.
