Finding a respectable yield remains challenging, but it’s starting to get easier, if only slightly. As we check in on our standard ETF proxies for the major asset classes, the opportunities for yield-hungry investors is looking up, relative to our previous update in April.
Daily Archives: October 29, 2021
Macro Briefing: 29 October 2021
* Biden arrives in Europe for COP26 climate summit
* Dems’ infrastructure spending package still in limbo as October comes to a close
* Apple and Amazon earnings disappoint
* Treasury Sec. Yellen: spending bills will be anti-inflationary by lowering key costs
* Eurozone inflation rises above 4%, creating more pressure for rate hike
* US jobless claims fell again last week, reach new pandemic low
* Market starting to price in Fed rate hikes for 2022
* Pending home sales for US post surprising drop for September
* US GDP growth slowed to 2% in Q3–smallest gain since expansion started: