Daily Archives: Jun 1, 2022 at 03:03 am EDT

Macro Briefing + Notes: 1 June 2022

* US to provide Ukraine advanced rocket systems that may escalate the war
* China sends 30 warplanes near Taiwan during large training drill
* China eases Covid lockdown on Shanghai, the country’s economic and trade hub
* China mfg activity contraction eases in May, Caixin PMI shows
* Eurozone inflation rises to annual 8.1% pace in May, a new record high
* Chicago PMI rises in May, beating expectations
* Treasury Sec. Yellen concedes she was “wrong” about inflation expectations
* Is the US providing the Ukraine war with momentum that’s “impossible to stop”?
* High inflation and rising interest rates cool consumer confidence in May:

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