Macro Briefing: Thursday, Aug. 19

Republican governors favor COVID cocktails over masks as cases surge, while President Biden says US troops may stay in Afghanistan past deadline.

Covid-19, Coronavirus, Pandemic

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  • Republican governors favor COVID cocktails over masks as cases surge
  • US troops may stay in Afghanistan past deadline, says Biden
  • Pockets of resistance to Taliban rule emerge in several Afghanistan cities
  • Fed preparing for tapering bond purchases later this year, minutes suggest
  • Fed official warns hefty bond purchases are ill-suited for US economy
  • 30yr-5yr Treasury spread suggests confidence in Fed policy outlook
  • Taliban now control $1 trillion of Afghanistan’s mineral wealth
  • More trouble for China tech giants after new batch of proposed regulations
  • Federal judge nixes Trump administration’s Ok of Alaska oil drilling project
  • US housing starts fell more than forecast in July:

Disclosures: None.

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