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Macro Briefing | 24 June 2020

Summary:
Fauci tells Congress virus not under control amid surging cases: NY Times Next several weeks will be critical coronavirus test, Fauci says: AP Europe may ban US travelers due to coronavirus: CNN Survey of economists: 73% expect partial US economic recovery: FiveThirtyEight New US agency may loan billions for reshoring supply chains: Reuters US considers new round of tariffs on UK and European imports: Bloomberg German business sentiment posts strong rebound in June: Reuters New US home sales surged in May: MW Richmond Fed Mfg Index bounces back in June after deeply negative month: RF US economic contraction eases “markedly” in June: IHS Markit

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Fauci tells Congress virus not under control amid surging cases: NY Times
Next several weeks will be critical coronavirus test, Fauci says: AP
Europe may ban US travelers due to coronavirus: CNN
Survey of economists: 73% expect partial US economic recovery: FiveThirtyEight
New US agency may loan billions for reshoring supply chains: Reuters
US considers new round of tariffs on UK and European imports: Bloomberg
German business sentiment posts strong rebound in June: Reuters
New US home sales surged in May: MW
Richmond Fed Mfg Index bounces back in June after deeply negative month: RF
US economic contraction eases “markedly” in June: IHS Markit

Macro Briefing | 24 June 2020

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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