The list of things that could derail risk-on sentiment is long and varied, but at the moment the crowd has shown little enthusiasm for abandoning winning trades. That’s the message via several pairs of ETF proxies for profiling the appetite for risk — a review that reaffirms that bullish enthusiasm remains strong, based on prices through Apr. 8, 2024.
Daily Archives: April 9, 2024
Macro Briefing: 9 April 2024
* Yellen won’t rule out new US tariffs on China’s green energy exports
* Uncertainty among economists continues to rise about prospects for rate cuts
* Short-Term consumer inflation expectations are stable at 3%: NY Fed survey
* Higher-for-longer interest rates could support US dollar
* Gold futures rise to yet another record high on Tuesday
* Rally in commodities reflects strong economy but also poses inflation risk: