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Macro Briefing: 22 February 2021

Summary:
* House set to pass Biden’s .9 trillion coronavirus relief package this week* Huge protests in Myanmar continue despite threats from military* Boeing 777s grounded after Denver engine failure* Global cases of coronavirus peaked in January, according to latest data* Americans may still need to wear masks in 2022, Fauci says* Will the US economic recovery accelerate and bring years of strong growth?* Will firmer inflation create trouble for Wall Street? Maybe not* Brent crude oil rebounds–Goldman predicts price will top /barrel* German business sentiment rose far more than expected in February* US business activity near 6-year high in February via PMI survey data:

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* House set to pass Biden’s $1.9 trillion coronavirus relief package this week
* Huge protests in Myanmar continue despite threats from military
* Boeing 777s grounded after Denver engine failure
* Global cases of coronavirus peaked in January, according to latest data
* Americans may still need to wear masks in 2022, Fauci says
* Will the US economic recovery accelerate and bring years of strong growth?
* Will firmer inflation create trouble for Wall Street? Maybe not
* Brent crude oil rebounds–Goldman predicts price will top $70/barrel
* German business sentiment rose far more than expected in February
* US business activity near 6-year high in February via PMI survey data:

Macro Briefing: 22 February 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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