Captain Jash_Mirpuri
Welcome to the Macro outpost! “Macro” stands for macroeconomics and involves looking at the bigger picture of the economy. We will be looking at labor shortages, international conflicts, supply chain issues, and central banking policies. Notably, macroeconomic factors affect all asset classes.
In this article, we recap the recent inflation data, unemployment data, and our outlook with this data.
After a strong rally to kick off 2023, renewed inflation concerns have sparked worries of extended rate hikes, weighing on equity-market performance. The Fed's hiking has caused banks to shut down due to mismanagement.
On the 10th of November, the latest CPI data was released - adding some extra volatility to an already volatile week.
An update on the latest developments in the financial world.