Defensives are out, animal spirits are in… again. Or so the latest rotation among US equity sectors suggests, based on a set of ETFs through Monday’s close (Nov. 11).
Daily Archives: November 12, 2024
Macro Briefing: 12 November 2024
US small business optimism edges up to three-month high in October, but remains far below pre-pandemic levels. “With the election over, small business owners will begin to feel less uncertain about future business conditions,” predicts NFIB Chief Economist Bill Dunkelberg. “Although optimism is on the rise on Main Street, small business owners are still facing unprecedented economic adversity.”
