Is the long-running drought in relative returns for foreign stocks vs. American shares starting to fade? It’s getting easier to consider the possibility as developed-markets equities ex-US continue to rise.
Daily Archives: April 17, 2023
Macro Briefing: 17 April 2023
* US and its allies grapple with how to reduce economic ties with China
* GOP House Speaker McCarthy set to recommend spending cuts on Wall Street
* Democratic senators favor forcing House vote on debt limit increase
* Banks may further tighten lending standards, says Treasury Sec. Yellen
* ECB to lift deposit rate to 3.75% peak in July, survey predicts
* ECB chief says she has ‘huge confidence’ that US won’t default on its debt
* Google reportedly developing AI-powered search engine to fend off rivals
* Big banks report surging revenue and profits for the first quarter
* US retail spending slump deepens in March:
