The stock market is soaring and the rising tide has lifted small-cap shares, but if you’ve been expecting a hefty premium (or any premium) in smaller firms, well, there’s still plenty of disappointment to process.
Daily Archives: March 25, 2024
Macro Briefing: 25 March 2024
* Can the Fed cut interest rates if the stock market is soaring?
* Resilient economy persuades Fed that US recession risk remains low
* EU launches probe into Meta, Apple and Alphabet with new tech law
* China at ‘fork in the road’ with reforms to boost demand, says IMF chief
* China introduces new ban on US chips in government computers
* Infrastructure’s rise has turned it into a $1 trillion asset class
* US yield curve is inverted for nearly 1-1/2 years, but still no sign of recession:
