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Macro Briefing: 18 September 2020

Summary:
Congress focuses on bill to avoid a government shutdown: WSJJudge blocks ‘politically motivated’ changes to US Postal Service: ReutersChina responds to US envoy’s visit to Taiwan with military drills: BBCUS economic confidence rebounds but still far below pre-pandemic level: GallupUS housing starts fell in August–first monthly setback since April: NMNPhilly Fed Mfg Index: expansion continues in September but at slower pace: MWUS jobless claims fall more than expected, dropping to new pandemic low: CNBC

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Congress focuses on bill to avoid a government shutdown: WSJ
Judge blocks ‘politically motivated’ changes to US Postal Service: Reuters
China responds to US envoy’s visit to Taiwan with military drills: BBC
US economic confidence rebounds but still far below pre-pandemic level: Gallup
US housing starts fell in August–first monthly setback since April: NMN
Philly Fed Mfg Index: expansion continues in September but at slower pace: MW
US jobless claims fall more than expected, dropping to new pandemic low: CNBC

Macro Briefing: 18 September 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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