Daily Archives: December 27, 2023

Macro Briefing: 27 December 2023

* Escalating attacks on US troops and shipping threaten wider Middle East war
* How did so many economists mistakenly forecast a US recession?
* 76% of economists see US recession risk at 50% or less in next 12 months
* US home prices post biggest gain of 2023 in October
* Texas factory activity stabilized in December after November contraction
* US economic activity rebounds in November–Chicago Fed Nat’l Activity Index:

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