Macro Memo September 22 - 28, 2020

Sep 23, 2020 | Brian Moore


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This week, we share updates on the deteriorating COVID-19 situation and more. Topics include: • Virus developments • Falling mobility • Fiscal update • U.S. election update • U.S. dollar implications

RBC GAM MacroMemo Sept. 22-28, 2020

While the fatality figures remain fairly low and the economy is continuing to advance, the raw virus numbers are again deteriorating. The U.S. may now be deteriorating. The rate of economic growth could be about to wobble as efforts to combat the virus intensify. Vaccine prospects have slipped slightly (though still remain fairly good). And the world’s poorest people have been disproportionately hurt by the pandemic.

 

Click here for the full report; RBC GAM MacroMemo.