Daily Archives: Apr 27, 2022 at 07:30 am EDT

Macro Briefing: 27 April 2022

* Russia cuts off natural gas supplies to Poland and Bulgaria
* Poland’s gov’t says its energy supplies are secure despite loss of Russian gas
* German consumer sentiment falls to record low in estimate for May
* Deutsche Bank economists raise severity of its US recession forecast
* Fed is now forced to keep raising interest rates, strategist advises
* World Bank expects largest commodity shock since the 1970s
* US home prices rose nearly 20% in year-over-year change through February
* New, single family home sales fell 8.6 percent in March
* US consumer confidence fell in April, based on consumers’ short-term outlook
* US durable goods orders rebounded in March: