Daily Archives: June 18, 2024

Macro Briefing: 18 June 2024

* US stocks (S&P 500) close at another record high on Monday (June 17)
* AI optimism persuades 3 Wall Street banks to lift stock market forecasts
* Central banks expected to boost gold holdings due to US dollar pessimism
* China’s housing slump deepened in May, prompting calls for more gov’t action
* California-based electric-vehicle maker Fisker files for bankruptcy
* NY Fed Mfg Index indicates contraction in June–seventh straight decline:

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