Macro Briefing: 12 August 2024
TutoSartup excerpt from this article:
* US sends more forces to Middle East, reacting to “escalating regional tensions” * Is the recent surge of market volatility over? Not yet, predict analysts * Increasingly price-sensitive consumers will help lower inflation rate * Nouriel Roubini–“Dr. Doom”–doesn’t expect a hard landin…
Macro Briefing: 12 August 2024
Author: James Picerno
* US sends more forces to Middle East, reacting to “escalating regional tensions” * Is the recent surge of market volatility over? Not yet, predict analysts * Increasingly price-sensitive consumers will help lower inflation rate * Nouriel Roubini–“Dr. Doom”–doesn’t expect a hard landin…
* US sends more forces to Middle East, reacting to “escalating regional tensions”
* Is the recent surge of market volatility over? Not yet, predict analysts
* Increasingly price-sensitive consumers will help lower inflation rate
* Nouriel Roubini–“Dr. Doom”–doesn’t expect a hard landing for US anytime soon
* US inflation likely held stead in July, RBC predicts
* Despite market volatility, US large caps (SPY) still lead small caps (IJR) this year:
US 10-year Treasury yield rose last week, but the recent trend still points to a downtrend. The benchmark rate closed on Friday at 3.95%:
Author: James Picerno