Daily Archives: December 12, 2022

Macro Briefing: 12 December 2022

* Slowing growth now tops inflation as main concern for markets
* Treasury Sec. Yellen is “hopeful” that inflation has peaked
* Breakthrough reported in fusion energy by US scientists
* World will get more power from solar vs. coal in 3 years, IEA predicts
* This week’s Fed meeting will be closely watched for signals on rates outlook
* China scraps virus-tracking app as part of dismantling of zero-Covid policy
* China announces first delivery of its new domestically produced passenger jet
* Investors are increasingly inclined to expect a soft landing for US economy
* US consumer sentiment rises in December but remains near historical lows:

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