Wall Street celebrated on Friday when the S&P 500 Index, the most popular benchmark of US shares, closed at a record high for the first time in more than two years. The celebration, however, was an outlier as the rest of the major asset classes continue to trade below previous peaks in varying degrees, based on a set of ETFs through the close of trading on Jan. 19.
Daily Archives: January 22, 2024
Macro Briefing: 22 January 2024
* Global supply-chain risk is rising again
* Russia was China’s biggest oil supplier in 2023
* Mortgage rates expected to fall below 6% by year’s end: Fannie Mae
* US home sales fell in 2023 to lowest level in nearly 30 years
* US to invest $325 million into EV charger to boost reliability and reduce costs
* US Consumer Sentiment Index rises sharply in January to 2-1/2 year high:
