Macro Briefing: Thursday, July 15

James Picerno
By James Picerno of The Capital Spectator
Editor at The ETF Asset Class Performance Review •

Fed Chairman Powell still expects US inflation surge to ease, while Chinese GDP rose less than forecast in Q2, but still strong at +7.9%.

  •  Fed Chairman Powell still expects US inflation surge to ease
  •  China GDP rose less than forecast in Q2 but still strong at +7.9%
  •  COVID infections rising sharply again in US and Latin America
  •  US Senate passes bill to ban import of products from China’s Xinjiang region
  •  Delta Airlines reports first profit since pandemic began (DAL)
  •  Low and falling yields haven’t slowed the junk bond market this year
  •  US factory gate prices surged in June, beating expectations:

Disclosures: None.

STOCKS IN THIS ARTICLE

DAL
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