Global markets rebounded in June after widespread losses in May, based on a set of proxy ETFs. The downside outlier to last month’s rally for the major asset classes: US bonds, which continued to lose ground.
Daily Archives: July 3, 2023
Macro Briefing: 3 July 2023
* Treasury Secretary Yellen will visit China this week
* Is the US payrolls survey overestimating the labor market’s strength?
* Automakers pushed into lithium mining to compete in electric vehicle market
* China factory activity remains sluggish in June via PMI survey data
* Does AI signal the start of fourth industrial revolution–or is it a bubble?
* Apple becomes world’s first $3 trillion company based on market cap
* Will the US avoid a recession this year? Economists are still debating
* US stock market begins trading this week at 14-month high:
