Macro Briefing: 16 November 2021

* Biden signs $1 trillion infrastructure bill into law
* China’s Xi warns Biden about ‘playing with fire’ on Taiwan in virtual summit
* US jobless rate could drop to 50-year low soon, predicts Goldman Sachs
* Inflation expected to be key factor in tight Congressional races in 2022
* Rising crude oil supply could soon ease energy short, IEA predicts
* Biden’s decision on the next Fed chair is ‘imminent’
* Calpers, largest US pension fund, votes to use leverage and alternative assets
* NY Fed Mfg Index: sector growth strengthened in November
* Today’s Oct update for retail sales projected to maintain strong 1yr growth rate:

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