In a recent post I explored a methodology to guesstimate the S&P 500’s 2-year annualized return 12 months into the future. A silver bullet? Hardly, but as short-term forecasting models go you could do worse. But your editor gets poor marks for explaining the details. Several readers reached out and asked for clarification. Allow me to make amends.
Daily Archives: September 9, 2022
Macro Briefing: 9 September 2022
* Queen’s death comes at a point of high uncertainty for Britain
* Powell says Fed will raise rates to tame inflation ‘until the job is done’
* European Central Bank announces record rate hike to fight inflation
* European energy ministers debating plans for intervening in energy markets
* China’s inflation slowed more than expected in August amid Covid lockdowns
* Deadline approaches for US rail strike that could cost economy $2 billion per day
* US jobless claims drop to lowest since May
* US stocks look set for first weekly rise in a month:
