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Macro Briefing: 24 November 2021

Summary:
* World’s biggest energy-consuming nations coordinate release of oil reserves* Russian, Ukraine stage military drills amid rising tensions with EU and US* US invite to Taiwan to attend democracy summit may anger China* Germany considering a full Covid lockdown and mandatory vaccines* Surging inflation forcing big investors to reassess portfolio strategies* Turkey’s increasingly unpredictable policies will keep investors away* Apple sues Israeli spyware firm to keep it from accessing phones* Japan’s economy rebounds for second month in November via PMI data* US economic growth eased in November but remains strong via PMI data:

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* World’s biggest energy-consuming nations coordinate release of oil reserves
* Russian, Ukraine stage military drills amid rising tensions with EU and US
* US invite to Taiwan to attend democracy summit may anger China
* Germany considering a full Covid lockdown and mandatory vaccines
* Surging inflation forcing big investors to reassess portfolio strategies
* Turkey’s increasingly unpredictable policies will keep investors away
* Apple sues Israeli spyware firm to keep it from accessing phones
* Japan’s economy rebounds for second month in November via PMI data
* US economic growth eased in November but remains strong via PMI data:

Macro Briefing: 24 November 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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