Investing in just about anything other than US stocks has been a winning strategy this year. Using a set of ETF proxies shows that American shares are still the only source of red ink among the major asset classes year to date, based on trading through Mar. 19.
Daily Archives: March 20, 2025
Macro Briefing: 20 March 2025
Federal Reserve keeps its target interest rate steady and lifts its forecast for US inflation and lowers growth estimate for 2025. Most Fed officials continue to expect that the central bank will lower interest rates this year, despite higher inflation expectations. In a press conference yesterday, Fed Chairman Powell said: “Inflation has started to move up now, we think, partly in response to tariffs, and there may be a delay in further progress in the course of this year.”
