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Weekly Talking Points - US debt limit watch

  • gcelaya2
  • May 13, 2023
  • 1 min read

Our round-up of what to expect in the coming week and the key events of last week. The regular Spotlight feature looks at the JETS ETF as a proxy for the global airline industry. A heavy bias to North American carriers, but a soft recession and consumer demand holding up may draw interest to the ETF. Our Review section looks at recent economic data and market events. The Bank of England raised rates by 25 bp to 4.5%, US CPI eased a smidgen but the PPI readings continue to give hope of travelling in the right direction. The spike in 1-month Tbill rates is a reflection of debt limit worries in the US, with the clock ticking down very loudly now.... To read more please subscribe.


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