April delivered across-the-board gains in the major asset classes as risk-assets around the world rebounded from widespread losses in March. Thanks to a strong tailwind, you had to really work hard to lose money last month in conventionally managed multi-asset-class portfolios.
Daily Archives: May 3, 2021 at 06:28 am EDT
Macro Briefing: 3 May 2021
* Households in wealthy nations amassed record savings–will they spend it?
* Nearly two-thirds of Americans are optimistic on direction of US, poll finds
* Warren Buffett says US economy is red hot with rising inflation risk
* Verizon is considering selling AOL and Yahoo remnants
* Eurozone manfacturing activity continued to accelerate sharply in April
* US dollar on track for longest run of weakness in nine months
* Broad-based commodities bull market is gathering momentum
* Is herd immunity still possible for the US? Maybe not
* US consumer spending rebounded in March
* US personal income spending surged in March due to gov’t stimulus: