Macro Briefing | 21 May 2020

US-China tensions expected to deteriorate ahead of US election: CNBC
Is a 2nd virus wave an economic threat? Maybe not, says Fed’s Bullard: WSJ
Today’s US jobless claims report expected to show 2.4 million rise: Reuters
China imposes limited lockdown after new coronavirus outbreak: WSJ
Eurozone PMI for May: economic contraction eases as lockdowns lift: IHS Markit
Japan’s severe economic contraction continues in May via PMI data: IHS Markit
Highly indebted ‘zombie’ companies at risk in US economy: CNBC
All 50 states are reopening their economies. What happens next? NY Times
S&P 500 rises to highest close since March 5: