Daily Archives: October 27, 2022

US Covid-19 Risk Is Relatively Low. Will That Change This Winter?

Last year’s spike in Covid-19 cases, deaths and hospitalizations has faded from the public’s focus, and for an obvious reason. The numbers have fallen and worries about other issues – inflation, the economy, energy supplies, next week’s elections, to name a few – are now front and center. But with the winter approaching, is a rebound in pandemic troubles lurking?

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Macro Briefing: 27 October 2022

* US mortgage interest rates rise to 7.16%, highest since 2001
* Ukraine war will accelerate shift to cleaner energy sources, IEA forecasts
* Oil giant Shell set to hike dividend after quarterly profit surges
* Europe now has glut of natural gas, sending prices lower
* American middle class facing biggest decline to its wealth in a generation
* New US home sales fell 11% in September after sharp rise in mortgage rates
* US broad money supply continues to slide in real terms in September:

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