Macro Briefing: 4 December 2020

House speaker and Senate majority leader resume talks on stimulus deal: CNBC
Moderna: vaccine has ‘potential’ to offer longer-term immunity: MW
Biden and three former presidents pledge to publicly take a vaccine: USAT
Should US policymakers stop worrying and learn to love debt? NYT
Softest gain in 6 months expected for today’s November payrolls report: RTRS
Demand for inflation-protected securities surges: FT
German factory orders rose in Oct, level above pre-crisis level: BBG
Global growth ticked lower in November but remained “solid”: IHSM
US jobless claims fell last week, perhaps due to Thanksgiving holiday: WSJ
US Services PMI: sector growth accelerated to five-year high in November: IHSM
Conflicting with PMI, ISM Non-Mfg Index reflects softer growth in November: ISM