Daily Archives: Jul 9, 2021 at 06:48 pm EDT

Macro Briefing: 9 July 2021

* Biden will sign new executive order to cracking down on Big Tech
* US bond market is pricing in peak economic growth
* Fed’s Bostic says Delta variant could slow economic recovery
* Assessing the blowback from China’s crackdown on tech
* Wells Fargo says it’s ending all personal lines of credit for customers
* Junk bond rally pulls yields below inflation rate
* UK GDP rose by less than expected in May
* China factory-gate inflation cooled in June after reaching a decade high
* US jobless claims ticked up last week but remain near pandemic low: