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Macro Briefing | 5 August 2020

Summary:
Search for survivors continues in Beirut after massive blast at port: BBC Dems and GOP report progress on coronavirus relief bill: CNBC Risk of conflict between China and Taiwan may be rising: CNBC One-fifth of US small businesses dismiss or plant to dismiss workers: BBG Looking for investment wins if the Dems sweep in November: II Eurozone Composite PMI: output rose at fastest rate in 2 years in July: IHS Markit UK Services PMI posts strongest rise in five years in July: IHS Markit China Services PMI: growth slowed in July: Reuters US factory orders rose for a second month in June: MW Gold continues to rally, reaching record high: BBC

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Search for survivors continues in Beirut after massive blast at port: BBC
Dems and GOP report progress on coronavirus relief bill: CNBC
Risk of conflict between China and Taiwan may be rising: CNBC
One-fifth of US small businesses dismiss or plant to dismiss workers: BBG
Looking for investment wins if the Dems sweep in November: II
Eurozone Composite PMI: output rose at fastest rate in 2 years in July: IHS Markit
UK Services PMI posts strongest rise in five years in July: IHS Markit
China Services PMI: growth slowed in July: Reuters
US factory orders rose for a second month in June: MW
Gold continues to rally, reaching record high: BBC

Macro Briefing | 5 August 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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