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Macro Briefing: 29 Oct 2020

Summary:
Supreme Court OKs ballot extensions In Pennsylvania and North Carolina: NPRThree dead in terrorism attack in France: CNBCEurope issues warnings for health care system as coronavirus surges: APBig-Tech CEOs debate with Senators in hearing over free-speech issues: WSJUS states face biggest cash crunch since Great Depression: WSJRecord gain expected in today’s US GDP report for Q3: ReutersThe ‘nightmare scenario’–a long, contested US election outcome–is a risk: PSUS trade gap in goods narrowed slightly in Sep after record deficit: MWUS equities suffer biggest drop in four months: NYTAs US stocks tumble, VIX volatility index soars to four-month high: BBG

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Supreme Court OKs ballot extensions In Pennsylvania and North Carolina: NPR
Three dead in terrorism attack in France: CNBC
Europe issues warnings for health care system as coronavirus surges: AP
Big-Tech CEOs debate with Senators in hearing over free-speech issues: WSJ
US states face biggest cash crunch since Great Depression: WSJ
Record gain expected in today’s US GDP report for Q3: Reuters
The ‘nightmare scenario’–a long, contested US election outcome–is a risk: PS
US trade gap in goods narrowed slightly in Sep after record deficit: MW
US equities suffer biggest drop in four months: NYT
As US stocks tumble, VIX volatility index soars to four-month high: BBG

Macro Briefing: 29 Oct 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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