In a dizzying year of economic news, along with numerous twists and turns in financial markets, the performance leadership for the momentum factor stands out as a hardy perennial year to date. This equity risk factor continues to outperform the rest of the field, as well as the broad US stock market, based on a set of ETFs for year-to-date trading through yesterday’s close (July 9).
Daily Archives: July 10, 2025
Macro Briefing: 10 July 2025
Global financial markets are becoming “desensitized” to President Donald Trump’s tariff decisions, advised CGS International Securities Group Chief Executive Carol Fong. “Look what happened in the last two days when the tariff (deadline) lapsed, the market didn’t react badly and I think the market itself has been a bit desensitised”. In the US, shares traded up on Wednesday and the S&P 500 Index closed just below a record high that was reached earlier in the week.
