The last 8 times the S&P 500 was down in a calendar year,
Bonds finished the year up, cushioning the blow. Very
different story thus far in 2022 with Stocks and Bonds both
down over 10%, something we've never seen |
00:01 - 08/11/22 |
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US Average Hourly Earnings increased 4.73% YoY in October,
the slowest growth rate since August 2021. This is the 19th
consecutive month that inflation outpaced the growth in
wages, a decline in prosperity for the American worker |
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The US Unemployment Rate moved up to 3.7% in October, 0.2%
higher than the September reading (3.5%) which was the
lowest rate we've seen since 1969 |
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The US Bond Market is down 1.8% over the last 6 years, the
largest 6-year decline in bond market history |
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Nearly all 32 countries in the Middle East and Central Asia
have pledged to contain greenhouse gas emissions. A new
IMFblog
assesses countries’ fiscal policy options to meet them |
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