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You are at:Home»Economy»Macro briefing: July 21, 2023
Economy

Macro briefing: July 21, 2023

bizfinnews.comBy bizfinnews.com23 July 202301 Min Read
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* US Treasury Sec. visits Vietnam to strengthen “Friendshoring” of supply chains
* Pfizer factory damaged “will likely lead to long-term shortages” of Medicine
* US Leading Economic Index continues to issue warning for the economy
* Federal Reserve spear instant payment services
* Sales of existing homes in the United States fell in June at the slowest pace in 14 years
* The Philly Fed Mfg Index continues to reflect low activity in the sector in July
* US Unemployment Claims fell last week, holding near multi-decade lows:

Real (corrected for inflation) US Treasury yields remain close to 15-year highs. The inflation-protected 5-year Treasury, for example, ended yesterday’s trading session at 1.87% (July 20), slightly below the previous peak of 2.15% reached earlier this month.


How is the risk of recession evolving? Monitor prospects with a subscription to:
The U.S. Business Cycle Risk Report



By James Picerno | July 21, 2023 at 6:44 a.m. EDT | Comment

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