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Macro Briefing: 25 November 2020

Summary:
Yellen, incoming Treasury Sec, will be key voice in Biden’s economic policy: NYTBiden team lays out foreign policy agenda for new administration: CNBCBiden administration will inherit one of the weakest labor markets in history: PLTCDow Jones Industrials rise to record 30,000: WSJCoronavirus cases flooding hospitals in America’s heartland: RTRSUS jobless claims expected to hold at high level in today’s update: WSJRichmond Fed Mfg Index slipped in Nov but remains solidly positive: RFUS consumer confidence falls as coronavirus cases rise: PLTCUS home price index’s 1-year gain accelerates to 6-year high: WSJ

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Yellen, incoming Treasury Sec, will be key voice in Biden’s economic policy: NYT
Biden team lays out foreign policy agenda for new administration: CNBC
Biden administration will inherit one of the weakest labor markets in history: PLTC
Dow Jones Industrials rise to record 30,000: WSJ
Coronavirus cases flooding hospitals in America’s heartland: RTRS
US jobless claims expected to hold at high level in today’s update: WSJ
Richmond Fed Mfg Index slipped in Nov but remains solidly positive: RF
US consumer confidence falls as coronavirus cases rise: PLTC
US home price index’s 1-year gain accelerates to 6-year high: WSJ

Macro Briefing: 25 November 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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