In a year of uncertainty about how tariff blowback will affect the economy, investors are favoring the relative safety of utilities in 2025. Using a set of ETFs as proxies shows that shares of utilities have taken the lead for US sectors this year, as of Thursday’s close (Aug. 7).
Daily Archives: August 8, 2025
Macro Briefing: 8 August 2025
US jobless claims rose last week, but remain in a middling range vs recent history. “The sideways drift in initial and continuing claims in recent months suggests that layoff activity is muted,” Thomas Simons, chief U.S. economist at Jefferies, wrote in a note. “The ‘no hire/no fire’ theme in the labor market remains firmly intact.”
