There’s no shortage of troubling developments around the world, but markets are still inclined to embrace a risk-on bias. There are exceptions, of course, but from several big-picture angles the trends continue to skew positive, based on a set of ETF pairs that serve as risk proxies through Monday’s close (Jan. 29).
Daily Archives: January 30, 2024
Macro Briefing: 30 January 2024
* US considers how to respond to Sunday’s deadly Iranian-backed militia attack
* Democratic lawmakers pressure Fed Chairman Powell to cut rates, but…
* Is the economy too strong to warrant rate cuts?
* Eurozone growth stagnates
* Elon Musk says Neuralink implanted brain chip in a human
* Regulatory hurdles kill Amazon’s plan to buy Roomba, maker of iRobot
* US 10-year Treasury yield trades below 4.1% ahead of tomorrow’s Fed meeting:
