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Macro Briefing: 12 January 2021

Summary:
* House will vote today on removing Trump with 25th amendment* House plans Trump impeachment vote for Wednesday* Acting Homeland Security Secretary quits as FBI warns of armed protests* Secretary of State Pompeo puts Cuba on terrorism sponsor list* Atlanta Fed President sees possible rate hike coming sooner than expected* China’s rebounding economy is strengthening its currency* Double-dip recession risk is stalking Europe* Bitcoin’s dramatic correction is healthy, say analysts* Consumer year-ahead inflation expectations remain unchanged in December* 10-year Treasury yield continues to tick higher, rising to 1.15%:

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* House will vote today on removing Trump with 25th amendment
* House plans Trump impeachment vote for Wednesday
* Acting Homeland Security Secretary quits as FBI warns of armed protests
* Secretary of State Pompeo puts Cuba on terrorism sponsor list
* Atlanta Fed President sees possible rate hike coming sooner than expected
* China’s rebounding economy is strengthening its currency
* Double-dip recession risk is stalking Europe
* Bitcoin’s dramatic correction is healthy, say analysts
* Consumer year-ahead inflation expectations remain unchanged in December
* 10-year Treasury yield continues to tick higher, rising to 1.15%:

Macro Briefing: 12 January 2021

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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