Commodities and cash continued to top the monthly performance tables in September for the major asset classes. Also on display for a second straight month: widespread losses elsewhere for global markets, based on a set of ETF proxies.
Daily Archives: October 2, 2023
Macro Briefing: 2 October 2023
* AI boom expected to “dramatically increase” energy consumption
* Sluggish China and global demand cuts Asia growth outlook: World Bank
* China’s demand for commodities growing at “robust rates”: Goldman Sachs
* US 10-year Treasury yield starts week near 15-year high
* China’s factory recover slows in September
* Automakers’ strike expands to 17% of UAW members at Big Three firms
* Fed’s favorite inflation gauge rose less than expected in August
* US consumer spending increased for fifth straight month in August:
