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Macro Briefing | 30 July 2020

Summary:
No deal in sight for coronavirus relief legislation: The Hill Fed leaves rates unchanged; plans to maintain strong monetary stimulus: CNBC Fed Chairman Powell sees “extraordinarily uncertain” economic future: NYT Small business sector at risk of mass closures: Reuters Today’s Q2 GDP report expected to post historic loss: Reuters Misinformation on coronavirus creating challenges for managing crisis: AP Big tech takes a beating in congressional hearing: WSJ German economy crushed in Q2 — GDP fell 10.1%: Bloomberg US pending home sales surged in June, rising nearly 17%: CNBC Gold rises to record high: CNN

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No deal in sight for coronavirus relief legislation: The Hill
Fed leaves rates unchanged; plans to maintain strong monetary stimulus: CNBC
Fed Chairman Powell sees “extraordinarily uncertain” economic future: NYT
Small business sector at risk of mass closures: Reuters
Today’s Q2 GDP report expected to post historic loss: Reuters
Misinformation on coronavirus creating challenges for managing crisis: AP
Big tech takes a beating in congressional hearing: WSJ
German economy crushed in Q2 — GDP fell 10.1%: Bloomberg
US pending home sales surged in June, rising nearly 17%: CNBC
Gold rises to record high: CNN

Macro Briefing | 30 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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