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Macro Briefing: 1 March 2021

Summary:
* Iran rejects offer for US talks on reviving nuclear deal* Myanmar security forces kill at least 18 protesters* J&J vaccine approved by Centers for Disease Control and Prevention* Central banks expected to tolerate higher inflation* US bond market ‘radically oversold,’ says economist* China factory growth slowed in Feb to softest pace since May* Chinese investment in Australia down sharply in 2020* Eurozone manufacturing activity grew at fastest pace in 3 years in Feb* US consumer spending rebounded in January, driven by pandemic relief money:

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* Iran rejects offer for US talks on reviving nuclear deal
* Myanmar security forces kill at least 18 protesters
* J&J vaccine approved by Centers for Disease Control and Prevention
* Central banks expected to tolerate higher inflation
* US bond market ‘radically oversold,’ says economist
* China factory growth slowed in Feb to softest pace since May
* Chinese investment in Australia down sharply in 2020
* Eurozone manufacturing activity grew at fastest pace in 3 years in Feb
* US consumer spending rebounded in January, driven by pandemic relief money:

Macro Briefing: 1 March 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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