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Macro Briefing: 22 September 2021

Summary:
* House passes spending bill, setting up showdown in Senate over debt limit* Biden addresses UN, says ‘the world must wake up’* Iran says it’s ready to restart nuclear talks* Biden plays down odds for post-Brexit US-UK free-trade deal* Taper timetable in focus for today’s Fed meeting* Fed will wait till November for taper announcement, CNBC survey reports* Former China central bank advisor: Evergrande crisis will slow economic growth* Cracks in China’s growth engine raise risks for emerging markets, analysts warn* Is the US losing the race to decide the future of money?* US housing starts rebounded in August to slightly above-average level for 2021:

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* House passes spending bill, setting up showdown in Senate over debt limit
* Biden addresses UN, says ‘the world must wake up’
* Iran says it’s ready to restart nuclear talks
* Biden plays down odds for post-Brexit US-UK free-trade deal
* Taper timetable in focus for today’s Fed meeting
* Fed will wait till November for taper announcement, CNBC survey reports
* Former China central bank advisor: Evergrande crisis will slow economic growth
* Cracks in China’s growth engine raise risks for emerging markets, analysts warn
* Is the US losing the race to decide the future of money?
* US housing starts rebounded in August to slightly above-average level for 2021:

Macro Briefing: 22 September 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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