After a modest loss in 2023, shares in the healthcare sector are enjoying a market-leading rebound so far in the new year. No one knows if it will last, but the early results certainly look encouraging after this slice of the market has pulled ahead of the rest of the field year to date, based on a set of sector ETFs through yesterday’s close (Jan. 17).
Daily Archives: January 18, 2024
Macro Briefing: 18 January 2024
* Pakistan launches retaliatory airstrikes on militants in Iran
* Commercial real estate market braces for record amount of maturing loans
* US homebuilder sentiment rises for second month in January
* Fed Beige book reports mixed US economic activity in recent weeks
* Business inflation expectations fell “significantly” to 2.2% in January: Atlanta Fed
* Industrial output in US ticks up slightly in December
* US retail sales rise more than forecast in December:
