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Macro Briefing: 21 October 2020

Summary:
Senate majority leader throws cold water on stimulus deal: NYTUS Department of Justice files antitrust lawsuit against Google: CNETPandemic forging a new reality for globalization: PoliticoUS health care system faces disruption from pandemic’s after shocks: AXIOSWill last remaining US-Russia nuclear arms treaty survive? BBCCathay Pacific Airway to cut 5900 jobs due to pandemic: Reuters10yr Treasury yield rises to highest level since June: BBGNext week’s US Q3 GDP report expected to report record gain: CNBCUS single-family housing starts rose to 13-year high in September: CNBC

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Senate majority leader throws cold water on stimulus deal: NYT
US Department of Justice files antitrust lawsuit against Google: CNET
Pandemic forging a new reality for globalization: Politico
US health care system faces disruption from pandemic’s after shocks: AXIOS
Will last remaining US-Russia nuclear arms treaty survive? BBC
Cathay Pacific Airway to cut 5900 jobs due to pandemic: Reuters
10yr Treasury yield rises to highest level since June: BBG
Next week’s US Q3 GDP report expected to report record gain: CNBC
US single-family housing starts rose to 13-year high in September: CNBC

Macro Briefing: 21 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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