The momentum factor is on track to end April as it began: the strongest year-to-date performer among US equity factors, based on a set of ETFs through Friday’s close (Apr. 26).
Daily Archives: April 29, 2024
Macro Briefing: 29 April 2024
* Weak US Q1 GDP report masks underlying strength: Wells Fargo
* US Fed meeting this week arrives as summer rate cut expectations fade
* Are wealthy older Americans fueling growth and helping delay rate cuts?
* Higher estimates of neutral rate suggests the days of low interest rates is over
* US consumer spending increased more than forecast in March:
