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QQQ - Weekly Commentary: Monetary Inflation Run Amok
PowerShares QQQ Trust Ser 1
Summary
The University of Michigan Consumer Sentiment added a stronger-than-expected 1.5 points to January’s strong gain to reach 66.4, the highest reading since January 2022.
Beijing lashed out at President Joe Biden for saying Chinese leader Xi Jinping faces ‘enormous problems,’ underscoring the renewed tensions between the two nations since the US downing of a balloon in its airspace.
Global commercial real estate prices slipped late last year, the first quarterly decline since 2009.