Macro Briefing: 15 July 2024

TutoSartup excerpt from this article:
* How might Trumponomics influence the US economy? * China’s economy slows in Q2 to softest annual pace in five quarters * Higher interest rates take a toll on earnings at big banks * What’s the source of portfolio alpha? Behavioral risk a key factor * Kuwait announces discovery of “gigantic o…

* How might Trumponomics influence the US economy?
* China’s economy slows in Q2 to softest annual pace in five quarters
* Higher interest rates take a toll on earnings at big banks
* What’s the source of portfolio alpha? Behavioral risk a key factor
* Kuwait announces discovery of “gigantic oil field”
* US consumer sentiment drops for second month in July to 8-month low:

US 10-year Treasury yield starts trading week at 4.19%, lowest level since March. A Bankrate survey of investment analysts anticipate that the benchmark rate will be under 4% over the next 12 months.

Macro Briefing: 15 July 2024
Author: James Picerno