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Macro Briefing: 29 July 2021

Summary:
* Senate advances infrastructure bill with support of 17 Republicans* Federal Reserve says economic recovery continues ‘making progress’* China tries to calm fears on Wall Street after regulatory crackdown* Eurozone economic confidence jumps to a record high in July* Inflation has become a political weapon in Washington* US gasoline price ticks up, close to seven-year high:

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* Senate advances infrastructure bill with support of 17 Republicans
* Federal Reserve says economic recovery continues ‘making progress’
* China tries to calm fears on Wall Street after regulatory crackdown
* Eurozone economic confidence jumps to a record high in July
* Inflation has become a political weapon in Washington
* US gasoline price ticks up, close to seven-year high:

Macro Briefing: 29 July 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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