The Macro Blog
Our most recent publications:
UK & EU strike a deal, but it needs to be ratified.
Just bear in mind that we will have to dig into this "agreement" and it still has to be ratified by the U.K. and EU parliaments in the coming days...
Republicans block higher stimulus cheques in Congress : back at square one!
The effort failed on Thursday because the move required “unanimous consent” due to procedural rules but was blocked by Republican leaders. Richard Neal will introduce a new bill, called the Cash Act, to be put on the floor Monday. That bill would codify the larger...
BAT or FANGMAN, same same! China launches antimonopoly probe against Alibaba
The State Administration of Market Regulation has officially started investigating Alibaba Group Holding over suspected monopolistic practices Regulators have also asked to meet Ant Group, Alibaba’s fintech affiliate... Europe tries to tax FANGMAN and BAT, antitrust...
Vaccine mistrust even in China : “I don’t want to be a lab rat.”
After many articles about vaccines mistrust from healthcare workers, now the same from China. Sinovac might release its phase 3 human trial data on Wednesday but little else is known publicly about the vaccine candidates. We are in the same position in Occident...
U.S. Household Spending Drops for First Time in Seven Months …
November spending fell by 0.4% as incomes dropped 1.1%, and the most important figure is the last one when all professionals thinking that financial market, Mnuchin comments and CNBC news reflects the full reality. Consumer spending is being hit by two main factors....
Moderna & Biontech post worst day for vaccine stocks – Mistrust is gaining traction
In my previous posts, I addressed the low rate of vaccine adoption. Mistrust is spreading mainly among healthcare workers. The leading U.S. Covid-19 vaccine makers sank on Tuesday as Moderna slumped 11% and BioNTech fell almost 10%. And now the mistrust is bitting the...
US companies warned against mandatory vaccine for staff
Like in other countries, between 40% to 50% in the USA is not comfortable with Moderna/Pfizer vaccines. Politicians need to demonstrate their confidence in these vaccines by publically trying first! In the end, the biggest "nursing homes" in all countries are Senates...
Beijing mulling drastic overhaul of Election Committee deciding Hong Kong’s chief executive
Beijing is mulling a drastic overhaul of the Election Committee that chooses Hong Kong’s chief executive by scrapping all 117 seats likely to be controlled by opposition district councilors to quash their influence in the 2022 leadership race, the Post has learned....
Airbus to lose over $5 billion in orders under Asian Airline restructuring
We are just at the beginning of this restructuring. Many airlines just froze their orders, waiting for vaccines, and government recovery plans. But in Asia, central banks are not playing the same game the FED and ECB are doing. In addition, Asia was the main...
Electricity price in France could jump by +2% beginning of 2021 (+31% over the last decade…)
In addition, in the event of large cold waves, “very short cuts” of electricity were now envisaged in France this winter. Why? 1 - The electricity sector in France is dominated by nuclear power (70%). Due to the Covid, EDF, the main French electricity producer,...
Global Macro Insights
Subscribing to our daily Global Macro Insight is the best way to join the club of Global Macro Insiders, far from the noise of fake news and opinions biased by conflicts of interest.
You can choose your subscription type and pay semi-annually or annually (10% discount) via invoice.
