The expected return over the long run for the Global Market Index (GMI) held steady in December vs. the previous month. The unchanged forecast, based on three models defined below, reflects a second month with the highest return outlook in recent history for this multi-asset-class global benchmark.
Daily Archives: January 3, 2025
Macro Briefing: 3 January 2025
US jobless claims fell to an 8-month low last week. “While last week’s data included a long holiday, the drop in new claims, the year’s first important piece of economic data, suggested that the labor market remains resilient,” writes an analyst RSM US LLP.
