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Macro Briefing | 2 July 2020

Summary:
Daily increase in US coronavirus cases sets record of 50,000-plus: WSJ Trump, in a change of message, says: I’m “all for masks”: BBC China’s new security law for Hong Kong takes a bite out of free speech: Vox Hundreds arrested in Hong Kong for breaching the new security law: CNBC Russian voters approve law to let Putin to stay in power through 2036: CNN Will June’s expected surge in US hiring persist in the months ahead? AP Two firms report encouraging data for experimental Covid-19 vaccines: STAT Fed minutes: economy still needs ‘highly accommodative’ policy: CNBC Global mfg activity recovered most of recent losses in June: IHS Markit US mfg activity expanded in June, rebounding from sharp decline: ISM US companies hired nearly 2.4 million workers in June via ADP data: CNBC

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Daily increase in US coronavirus cases sets record of 50,000-plus: WSJ
Trump, in a change of message, says: I’m “all for masks”: BBC
China’s new security law for Hong Kong takes a bite out of free speech: Vox
Hundreds arrested in Hong Kong for breaching the new security law: CNBC
Russian voters approve law to let Putin to stay in power through 2036: CNN
Will June’s expected surge in US hiring persist in the months ahead? AP
Two firms report encouraging data for experimental Covid-19 vaccines: STAT
Fed minutes: economy still needs ‘highly accommodative’ policy: CNBC
Global mfg activity recovered most of recent losses in June: IHS Markit
US mfg activity expanded in June, rebounding from sharp decline: ISM
US companies hired nearly 2.4 million workers in June via ADP data: CNBC

Macro Briefing | 2 July 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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