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Macro Briefing: 25 October 2021

Summary:
* Biden close to passing laws that will bring major shift in social policy* New round of Russia-linked computer-hacking operations identified* Big tech earnings reports in focus this week* Treasury Sec. Yellen expects high inflation through mid-2022* Short-term gov’t bond yields, sensitive to rate expectations, are rising* Federal Reserve prepares to wind down bond-buying program in November* Sudan’s prime minister arrested amid reports of a coup* US economic growth strengthened in October, according to PMI survey data:

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* Biden close to passing laws that will bring major shift in social policy
* New round of Russia-linked computer-hacking operations identified
* Big tech earnings reports in focus this week
* Treasury Sec. Yellen expects high inflation through mid-2022
* Short-term gov’t bond yields, sensitive to rate expectations, are rising
* Federal Reserve prepares to wind down bond-buying program in November
* Sudan’s prime minister arrested amid reports of a coup
* US economic growth strengthened in October, according to PMI survey data:

Macro Briefing: 25 October 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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