Macro Briefing: Thursday, July 15
- 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.
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