Greetings,
The United States: Markets are now viewing a rate cut in June as more likely.
Is there a risk that core inflation could remain persistently above 2%?
Equities: How did various sectors and equity factors react to the FOMC maintaining its forecast for three rate cuts? Highly correlated to Treasury prices, small caps had a good day.
Credit: CMBS portfolios (commercial real estate debt) are experiencing higher delinquency rates.
Commodities: Gold hit a record high.
Asia – Pacific: New Zealand unexpectedly reported another technical recession.
Food for Thought: Math assessment scores by race and ethnicity for US 8th-grade students:
Edited by William Villacis
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