Five Minute Macro 6-26-2023

Recession concerns continue to wax and wane as US inflation remains sticky and the Fed continues to provide hawkish guidance following the June pause. China’s glum growth draws stimulus and the Turkish lira slides further as central bank disappoints.

Five Minute Macro 5-15-2023

Debt ceiling negotiations continue to drive risk appetite while recession and inflation concerns persist. The Fed continues to push back on market rate cut expectations and questions on China’s growth outlook enters the fray this week.