Equity fund flows have flattened out. Outflows next? |
00:01 -
26/05/23 |
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ECB
balance sheet keeps rising for a 2nd week. Total assets rose
by €1.6bn to €7,730.1bn, equal to 58% of Eurozone GDP vs
Fed's 32%, SNB's 113% and BOJ's 130% |
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A strong 2023 thus far for S&P 500 … graphic from shows
gains of 8% or more during first 100 days led to average
annual advances of 25% (going back to 1950) … note there is
a wide range [Past performance is no guarantee of future
results] |
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The median price of a new home sold in the US is down 15%
from its peak last October. After the last housing bubble
peak the median new home price fell 22% nationally |
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The UK government borrowed more than expected at the start
of the 2023-24 financial year as rising social security
benefits and debt interest pushed up public spending |
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