Macro Briefing: 27 January 2021

* Senate vote suggests Trump won’t be convicted in impeachment trial
* Surge in household savings point to strong economic recovery this year
* Pfizer is developing booster shot to protect against coronavirus variants
* Biden raises election meddling in call to Russia’s Putin
* Fed expected to maintain its aggressive stimulus at today’s FOMC meeting
* US Consumer Confidence Index rose modestly in January
* German consumer confidence weakens amid new coronavirus restrictions
* Mid-Atlantic manufacturing growth slows in January
* US home prices rose 9.5% year-over-year in November–highest pace in 7 years: