Buyers pushed up prices for most of the major asset classes last week. US bonds were the downside outliers, based on a set of ETFs through Friday’s close (June 9).
Daily Archives: June 12, 2023
Macro Briefing: 12 June 2023
* Inflation forecasts show pricing pressure easing slowly in May
* Bond investors disagree with Goldman Sachs’ low-recession forecast for US
* Despite recession warnings in key indicators, US stocks keep rising
* China faces economic headwinds as paying down debt picks up speed
* Manufacturers around the world are struggling with lower demand for products
* US House of Representatives paralyzed from conservative revolt
* Silicon Valley considers if technology has reached the point of singularity
* US stock market closed at 10-month high on Friday:
