Macro Briefing: 2 December 2021

* Government-shutdown risk is rising again as Congressional negotiations stumble
* First US case of Omicron coronavirus variant detected
* Does Omicron pose a risk to the economic recovery?
* Is OPEC’s power over oil prices rebounding?
* UN gauge of global food prices near record high, boosting inflation anxiety
* Global mfg continues to expand at moderate pace amid supply shortages
* US ISM Mfg Index increases in November, signaling stronger sector growth
* Execs of major cryptocurrency firms called to testify in Congress
* OECD forecasts inflation will peak in late-2021: