Macro Briefing: 31 August 2021

* Last US military planes left Afghanistan, marking end of America’s longest war
* Assessing the damage in Louisiana after Hurricane Ida
* Pandemic complicates Fed’s task of defining employment goals
* Eurozone inflation rises to 3% pace in August, highest in a decade
* China’s economy comes under pressure in August via PMI survey data
* Factory growth in China slows to a crawl in August via PMI survey data
* Supply shortages continue to bedevil the economy
* Dallas Fed Mfg Index indicates softer growth in August
* US pending home sales fell for a second straight month in July:

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