We may be toiling in the post-truth age, but here at CapitalSpectator.com we stubbornly remain stuck in old-school habits and favor hard data over the rising preference in some circles for creatively reframing facts.
Daily Archives: September 29, 2023
Macro Briefing: 29 September 2023
* US government shutdown likely with one day left before Sep. 30 deadline
* US pending home sales continue to tumble in August
* US housing sales slowdown will last a “long time,” says Redfin CEO
* Largest US healthcare worker strike in history brewing for next week
* Credit card data suggests US consumer spending slowed in September
* BlackRock CEO Larry Fink predicts US 10-year Treasury yield will top 5%
* Revised US GDP data for Q2 unchanged at 2.1% growth rate
* US jobless claims remain low, suggesting ongoing labor-market resilience:
