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Macro Briefing | 29 July 2020

Summary:
Cornavirus vaccine test on monkeys offers encouraging results: NY Times Coronavirus aid package legislation remains uncertain in Congress: Roll Call In today’s Fed meeting, policymakers confront slipping economic momentum: BBG Fed extends lending program through the end of 2020: CNN Big Tech CEOs set to testify in Congress today: CNBC US colleges increasingly opt for online classes this fall: USA Today Europe considers if a second coronavirus wave is brewing: NBC US consumer confidence fell more than expected in July: Reuters Pace of US house price increase slows in May to 4.5% annually: CNBC Real Treasury TIPS yields remain negative as downside bias persists:

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Cornavirus vaccine test on monkeys offers encouraging results: NY Times
Coronavirus aid package legislation remains uncertain in Congress: Roll Call
In today’s Fed meeting, policymakers confront slipping economic momentum: BBG
Fed extends lending program through the end of 2020: CNN
Big Tech CEOs set to testify in Congress today: CNBC
US colleges increasingly opt for online classes this fall: USA Today
Europe considers if a second coronavirus wave is brewing: NBC
US consumer confidence fell more than expected in July: Reuters
Pace of US house price increase slows in May to 4.5% annually: CNBC
Real Treasury TIPS yields remain negative as downside bias persists:

Macro Briefing | 29 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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