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Macro Briefing: 11 May 2021

Summary:
* Republicans set to remove Liz Cheney from House leadership position today* Israel unleashes airstrikes on Gaza for second day* US ship fired warning shots at Iranian boats in another encounter in Persian Gulf* China’s factory gate prices rose at fastest rate in over three years in April* Will progressive groups derail a second term for Fed Chair Powell?* China’s population grows at slowest pace in decades* Pipeline shutdown triggers worries that gasoline prices may surge* Gasoline price mostly steady as key fuel pipeline in US remains offline:

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* Republicans set to remove Liz Cheney from House leadership position today
* Israel unleashes airstrikes on Gaza for second day
* US ship fired warning shots at Iranian boats in another encounter in Persian Gulf
* China’s factory gate prices rose at fastest rate in over three years in April
* Will progressive groups derail a second term for Fed Chair Powell?
* China’s population grows at slowest pace in decades
* Pipeline shutdown triggers worries that gasoline prices may surge
* Gasoline price mostly steady as key fuel pipeline in US remains offline:

Macro Briefing: 11 May 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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