Anyone looking for a convincing signs that inflation’s peaking via tomorrow’s CPI report for October (Nov. 10) looks set to be disappointed.
Daily Archives: November 9, 2021
Macro Briefing: 9 November 2021
* China’s real estate ills may affect US financial system, Fed warns
* US inflation is expected to run higher before peaking, Goldman Sachs predicts
* Negative real interest rates prevail across developed economies
* Migrant crisis escalates on Poland/European Union border
* Surging heating costs threaten a winter run of inflation
* Global holdings of Chinese stocks and bonds rise despite regulatory crackdown
* Tesla’s bull run creates benchmark risk for fund managers who missed the rally
* Bitcoin and ether reach new peaks
* The Covid recession was strange — really strange
* 30-year Treasury yield near 4-month low ahead of tomorrow’s inflation report: