WS #16594
Holding: newest synthesis is 12d 16h old
While the Employment Cost Index showed steady growth in Q3, the broader macro narrative is dominated by inflation fears stemming from the energy supply shock. The CNN Fear & Greed Index has dropped to 31, reflecting heightened anxiety as the market digests the implications of higher oil prices on consumer spending and potential Federal Reserve policy delays.
Macro Inflation & Growth
While the Employment Cost Index showed steady growth in Q3, the broader macro narrative is dominated by inflation fears stemming from the energy supply shock. The CNN Fear & Greed Index has dropped to 31, reflecting heightened anxiety as the market digests the implications of higher oil prices on consumer spending and potential Federal Reserve policy delays.