This week’s note begins, as always, with the latest COVID-19 infection, restriction and vaccination numbers. It then turns toward economic data, including a celebration of further U.S. and Canadian economic strength, and a peek into sector-level wage growth. The report then investigates European economic weakness, evaluates India’s performance during the pandemic, and concludes with some surprising fatality statistics.

Click here for the full report; RBC GAM MacroMemo.