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Macro Briefing: 30 Oct 2020

Summary:
US economy posts dramatic rebound in Q3–GDP rose at record rate: CNBCAnalysts worry that US economic rebound is fading: BBCEarly US voting rises to a record 80 million: ReutersUS coronavirus cases rise above 89,000 a new record: BBGEurope’s rising coronavirus infections and death are a warning for the US: WSJJobless US workers face potentially massive defaults: PoliticoAmazon expects billion in Covid-19-related expenses: CNBCUS pending home sales fell in Sep after four straight monthly gains: ReutersBig Tech’s profits continue to surge: NYTUS jobless claims continue to fall, dropping to pandemic low: CNBC

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US economy posts dramatic rebound in Q3–GDP rose at record rate: CNBC
Analysts worry that US economic rebound is fading: BBC
Early US voting rises to a record 80 million: Reuters
US coronavirus cases rise above 89,000 a new record: BBG
Europe’s rising coronavirus infections and death are a warning for the US: WSJ
Jobless US workers face potentially massive defaults: Politico
Amazon expects $4 billion in Covid-19-related expenses: CNBC
US pending home sales fell in Sep after four straight monthly gains: Reuters
Big Tech’s profits continue to surge: NYT
US jobless claims continue to fall, dropping to pandemic low: CNBC

Macro Briefing: 30 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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