Reviewing 2023 results for the major asset classes reflects a long list of winners, with one conspicuous downside outlier: commodities. Amid widespread gains in global markets last year, the red ink in raw materials stands out. Does that create the setup for a rebound in 2024?
Daily Archives: January 16, 2024
Macro Briefing: 16 January 2024
* Trump wins big in Iowa caucus, first GOP vote of 2024 election campaign cycle
* Houthi rebels continue to attack shipping in Red Sea
* Iran launches missile strikes on northern Iraq and Syria
* Taiwan election raises fears of greater tensions with China
* US economy on track for more stimulus if Congress OKs tax deal
* Tax cuts worth trillions of dollars are on the line in this year’s elections
* Progress on taming inflation expected to slow, predicts Atlanta Fed chief
* US producer prices fall for third straight month in December: