Monthly Outlook - July 2023
[restrict role="!editor"] Login or Register to listen to the audio of the post. [/restrict][restrict role="editor"] [sc_embed_player fileurl="https://journal.singularwm.com/wp-content/uploads/2023/08/perspectivas-julio-2023.mp3"] Listen to article [/restrict]June at a glance: What you need to know
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The FED pauses interest rate hikes. This comes after the central bank implemented 10 consecutive interest rate hikes in an effort to reduce inflation.
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Equity markets continue to increase their year-over-year performance. 2 of the 3 major U.S. indexes are up more than 15% so far this year.
- Compromises were reached in debt ceiling negotiations, revealing the fragility of debt markets and the potential overvaluation of U.S. Treasury bonds.
- BTC reaches its highest point in over 1 year and XAU/USD approaches 2,000.
