Most asset classes rebounded in March, led by inflation-indexed government bonds ex-US, based on a set of ETF proxies. The downside outlier: real estate shares in the US and around the world.
Daily Archives: April 3, 2023
Macro Briefing: 3 April 2023
* Saudi Arabia and other major oil producers announce oil output cut
* Analysts predict oil at $100 per barrel after OPEC’s surprise output cut
* China factory growth stalled in March, according to PMI survey
* Eurozone factory output rises slightly in March via PMI survey data
* Credit risk for bonds matters again in the wake of banking turmoil
* “Dr. Doom” remains as gloomy as ever on the economic outlook
* Lake Tulare’s return in California will raise prices for variety of farm goods
* Fed’s preferred inflation metric eases but remains high:
