American shares rose for a third straight week in trading through Friday’s close (Aug. 5), posting the leading performance for the major asset classes, based on a set of ETFs. Commodities, by contrast, lost ground, suffering the deepest loss last week.
Daily Archives: August 8, 2022
Macro Briefing: 8 August 2022
* Senate passes ambitious health care and climate bill
* China announces more military drills around Taiwan
* China’s trade surplus reaches record high in July
* UN chief condemns “suicidal” shelling around Ukrainian nuclear plant
* SF Fed president says Fed is “far from done” with rate hikes
* The world’s first climate-induced famine torments Madagascar
* US payrolls rose sharply in July, far above expectations
* US 10yr Treasury yield rose last week — first increase in four weeks:
