Daily Archives: May 19, 2022 at 07:39 am EDT

Macro Briefing: 19 May 2022

* Will the US-led effort to cripple Russia’s oil industry work?
* EU says it will burn more coal to reduce use of Russian gas
* Global economic outlook is ‘challenging and uncertain,’ says US Treasury Sec.
* ‘Dangerous situations forming over Taiwan, China warns US
* Scarcity of goods creating new fault line for global economy
* Earnings warnings from retailers weigh on US stocks
* Nearly 60% of CEOs expect a US recession in near future
* Fear of US recession risk is overdone, says ING’s cief international economist
* US home-building cooled in April and permits fell to a five-month low: