Shorts – Summaries

The Day Today 15th September 2021

Storm Nicholas left more than 150,000 homes and businesses without power in Texas. California Governor survives bid to oust him, the No vote on the recall election was 66.6%. China data disappointed particularly Retail Sales growing just 2.5% yoy, Industrial Production and Fixed Asset Investment growth were also lower than expected. Japan Machinery Orders rebounded…

Read more >

The Day Today 14th September 2021

UK set to announce booster jabs for over 50s. US storm Nicholas strengthened to a hurricane and is set to batter the Gulf Coast of Texas. Norway’s left-wing opposition won a significant election victory, this means all five Nordic countries will now have a left-wing PM for the first time in 62 years. Australia NAB Business…

Read more >

The Week That Was and Will Be

This week brings inflation (ignore as we are not in a normal business cycle), retail sales (fear casts a long shadow) and ECB speeches (the dovish taper “recalibration” continues). For full details see the calendar below. But we want to talk about The Week That Was. The BlondeMoney team had our first post-pandemic trip abroad;…

Read more >

The Day Today 10th September 2021

– China releases oil from its strategic reserves for the first time – Biden and Xi hold first call in seven months, “discussed the responsibility of both nations to ensure competition does not veer into conflict” – Biden mandates vaccinations for federal employees, “We’ve been patient, but our patience is wearing thin, and your refusal has cost all of us” – Microsoft scraps plans to…

Read more >

The Day Today 9th September 2021

Fed’s Beige Book showed a “deceleration in economic activity…reflecting safety concerns due to the rise of the Delta variant”. Fed’s Kaplan still expects tapering to start in October but notes “fear of infection is having an impact”. Fed’s Williams said “appropriate to start reducing the pace of asset purchases this year”. UK REC survey shows…

Read more >