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Macro Briefing: 19 October 2020

Summary:
China says it may detain Americans in retaliation for US prosecutions: WSJFate of additional US stimulus legislation to be decided by Tuesday: BBGArms embargo on Iran expired on Sunday: PoliticoPfizer begins manufacturing vaccine ahead of its expected approval: TOIGrowing reluctance of Americans to get vaccine early once it’s available: STATForeign inflows into Asian bonds accelerated in September: ReutersChina reports 4.9% year-over-year growth in GDP for Q3: CNBCUS consumer sentiment edges up but still far below pre-pandemic levels: MWIndustrial output in US fell in September–first decline since April: CNBCUS retail spending growth accelerated in September: MW

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China says it may detain Americans in retaliation for US prosecutions: WSJ
Fate of additional US stimulus legislation to be decided by Tuesday: BBG
Arms embargo on Iran expired on Sunday: Politico
Pfizer begins manufacturing vaccine ahead of its expected approval: TOI
Growing reluctance of Americans to get vaccine early once it’s available: STAT
Foreign inflows into Asian bonds accelerated in September: Reuters
China reports 4.9% year-over-year growth in GDP for Q3: CNBC
US consumer sentiment edges up but still far below pre-pandemic levels: MW
Industrial output in US fell in September–first decline since April: CNBC
US retail spending growth accelerated in September: MW

Macro Briefing: 19 October 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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