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Macro Briefing: 2 December 2020

Summary:
UK approves Pfizer-BioNTech coronavirus vaccine: CNBCTrump may veto defense bill over social media protections: APBiden says he won’t immediately remove Trump’s tariffs on China: CNBCBiden’s economic team recommends quick action on stimulus: NYTGlobal manufacturing increased in Nov at fastest pace since Jan 2018: IHSM10-year Treasury yield rises sharply, near 1%: BBGGerman retail spending rose more than expected in October: RTRSUS construction spending rebounded in October: MWUS Mfg PMI signaled continued acceleration in growth: IHSMUS ISM Mfg Index: sector growth slowed in November: RTRS

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UK approves Pfizer-BioNTech coronavirus vaccine: CNBC
Trump may veto defense bill over social media protections: AP
Biden says he won’t immediately remove Trump’s tariffs on China: CNBC
Biden’s economic team recommends quick action on stimulus: NYT
Global manufacturing increased in Nov at fastest pace since Jan 2018: IHSM
10-year Treasury yield rises sharply, near 1%: BBG
German retail spending rose more than expected in October: RTRS
US construction spending rebounded in October: MW
US Mfg PMI signaled continued acceleration in growth: IHSM
US ISM Mfg Index: sector growth slowed in November: RTRS

Macro Briefing: 2 December 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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