American shares remain firmly in the lead for the major asset classes year to date, based on a set of ETF proxies through Friday’s close (July 21). Markets generally are posting solid gains in 2023 but various risk factors will pose a stress test for the bull run in the second half.
Daily Archives: July 24, 2023
Macro Briefing: 24 July 2023
* A “momentous week” ahead for Fed and other central bank
* Fed isn’t set to declare victory on inflation
* Positive Q2 earnings surprises for S&P 500 firms in line with recent averages
* Decade-long rally in US home prices may be ending: Professor Robert Shiller
* Eurozone economy contracts at steepest rate in 8 months in July via PMI survey
* Is the regional banking crisis over? Investors think so:
