Macro Briefing | 17 August 2020

Pelosi calls back Congress over Postal Service troubles: Politico
Belarus leader says he’s ready to share power after protests: Reuters
S. Korea warns of a new coronavirus outbreak: Reuters
Europe’s economic recovery appears to be fading: BBG
Is Buffett’s purchase of gold mining shares a bet on the economic outlook? MW
California struggling to meet electricity demand in heatwave: WSJ
Japan’s GDP fell at record rate in the second quarter: CNN
US retail spending continued to rebound in July but growth slowed: CNBC
US consumer sentiment index remains near pandemic low in August: MW
Scientists find encouraging signs of Covid-19 immunity developing: NYT

10-year Treasury yield rose to two-month high last week:

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