Macro Briefing: 6 August 2021

* Pandemic puts tens of millions around the world on the brink of famine
* Delta variant threatens the US labor market rebound
* Infrastructure bill estimated to add $256 billion to US deficit
* Biden wants half of US cars sold by 2030 to be electric or hybrid
* Bond rates are falling and yield curves are flattening around the world
* Will Fed plans for a digital currency eventually displace crypto?
* US trade deficit widened to a record in June
* US jobless claims fell last week, close to pandemic low: