Macro Memo June 1 - 7, 2021

June 02, 2021 | Brian Moore


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What's in this article: Third wave in retreat Economic developments Second wave vs. third wave Less gloom on globalization Geopolitical update

RBC GAM MacroMemo June 1-7, 2021

This week’s note reviews the latest virus developments, including a discussion about two worrying new variants. Vaccine news is then discussed, followed by a variety of economic developments. We also compare the economic damage inflicted during the second wave to the third wave. In closing, we review whether globalization is actually in retreat, and provide an update on a range of geopolitical items.

 

Click here for the full report; RBC GAM MacroMemo.