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Macro Briefing: 1 December 2020

Summary:
Moderna requests approval for its Covid-19 vaccine: WSJBiden chooses liberal-minded economic team: APFed Chairman Powell: economic outlook ‘extraordinarily uncertain’: CNBCChina’s Nov mfg activity rose to highest level in a decade: IHSMEurozone Mfg PMI held on to moderate gain in Nov: IHSMUK mfg survey data show sector activity strengthened in Nov: IHSMExxon Mobil will sharply cut exploration and production spending: NYTChicago PMI: business conditions slowed in Nov: MWDallas Fed Mfg Index: sector growth slowed sharply in Nov: MSTARUS pending home sales fell for a second month in Oct: BBG

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Moderna requests approval for its Covid-19 vaccine: WSJ
Biden chooses liberal-minded economic team: AP
Fed Chairman Powell: economic outlook ‘extraordinarily uncertain’: CNBC
China’s Nov mfg activity rose to highest level in a decade: IHSM
Eurozone Mfg PMI held on to moderate gain in Nov: IHSM
UK mfg survey data show sector activity strengthened in Nov: IHSM
Exxon Mobil will sharply cut exploration and production spending: NYT
Chicago PMI: business conditions slowed in Nov: MW
Dallas Fed Mfg Index: sector growth slowed sharply in Nov: MSTAR
US pending home sales fell for a second month in Oct: BBG

Macro Briefing: 1 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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