Daily Archives: Nov 1, 2021 at 07:30 am EDT

Macro Briefing: 1 November 2021

* Biden’s plan for US to lead in battling climate crisis faces big hurdles
* COP26 climate talks come with major implications for investing
* US Covid-19 cases down 58% from most recent peak
* Covid-19 pandemic accelerated baby-boomer retirements
* Treasury Sec. Yellen downplays flattening yield curve; says recovery is solid
* China’s factory output contracted for a second month in October
* Japan’s new prime minister plans to redistribute wealth via “new capitalism”
* Consumer prices and wages rose in September at fastest pace in decades
* Consumer spending continued to increase in September: