After two straight months of across-the-board gains for the major asset classes, red ink returned in June.
Daily Archives: Jul 1, 2021 at 07:07 am EDT
Macro Briefing: 1 July 2021
* NY grand jury indicts Trump Organization and its CFO
* US and Japan conducting war games as China-Taiwan tensions rise
* China president pledges ‘complete reunification’ with Taiwan
* China Mfg PMI: sector growth eased to 3-month low in June
* Fed’s Kaplan: central bank should soon begin paring bond purchases
* Eurozone Mfg PMI rose to record high in June
* US pending home sales rebounded sharply in May
* Chicago area business activity was surprisingly weak in June
* US private employment rose 692,000 in June — more than economists expected: