An improved macroeconomic backdrop compels us to raise our 2024 issuance forecast to $420 billion for municipal bonds. The stock market rebounds on the outperformance of tech stocks. Plus, gold and other metals down on a mixed macroeconomic backdrop. Also, Nigeria's GDP projected to grow 3.5% in 2024.
Sources:
https://www.advisorhub.com/resources/an-improved-macroeconomic-backdrop-compels-us-to-raise-our-2024-issuance-forecast-to-420-billion/
https://www.fxempire.com/forecasts/article/hang-seng-index-asx-200-nikkei-225-from-central-banks-to-macroeconomics-1389046
https://www.barrons.com/livecoverage/stock-market-today-012224
https://www.premiumtimesng.com/news/more-news/661882-nigeria-gdp-to-grow-3-5-in-2024-nesg.html
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