The answer relies heavily, perhaps completely, on political calculations. In other words, trying to forecast how the tortured path ahead evolves is only a bit easier than trying to grab fish in a barrel.
Daily Archives: April 18, 2023
Macro Briefing: 18 April 2023
* House Speaker McCarthy outlines plan for vote on debt limit and spending cuts
* Hedging interest-rate risk is rare in the banking industry, study finds
* China’s economic growth picks up speed in the first quarter
* Fund managers most underweight stocks since 2009, survey finds
* AI will impact “every product of every company”, predicts Google CEO
* It’s (still) premature to predict US dollar’s demise as world’s reserve currency
* US homebuilder sentiment edges up in April but remains below neutral 50 mark
* NY Fed Mfg Index rebounds in April, marking growth for first time in 5 months:
