According to this excellent graphical analysis from Citi Research, the market is moving in line with the macroeconomic changes around the world more than ever. In the U.S. and the world, more than 70 percent of the moves in the equity markets can be explained by macroeconomics. That figure is low for Europe but still above 50 percent.


India-US Trade Deal Talks Hit Plateau, Sitharaman Says
Middle East Oil Exports Top Pre-War Levels Despite Hormuz Attacks
US Stock Futures Rise as Weak Jobs Data Eases Fed Hike Bets
Europe EV Sales Hit Record as Affordable Models Boost Demand
German Industrial Orders Plunge 10.6% in August
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households
Asian Stocks Rise as Nasdaq Record Offsets Bond Yield Pressure
OPEC+ Expected to Hold November Oil Output Quotas Steady




