There’s no shortage of reasons to be cautious on the near-term outlook for markets, but reviewing trend behavior via several sets of ETF pairs continues to reflect a positive trend for risk assets through yesterday’s close (Jan. 8, 2023).
Daily Archives: January 9, 2024
Macro Briefing: 9 January 2024
* Deal to avert US government shutdown faces precarious path
* Investors warn governments about high levels of public debt
* China is now world’s top exporter, thanks to surging sales to Russia
* US small business owners remain “very pessimistic about economic prospects”
* Labor market will be “first and most important clue” for Fed’s next move
* US consumer credit surged in November–biggest rise since March 2022: