Macro Memo August 10 - 23, 2021

Aug 11, 2021 | Brian Moore


What's in this article: -Mixed Delta messages -Business cycle inches forward -Economic deceleration -Inflation calm -Great is bad?

RBC GAM MacroMemo Aug. 10-23, 2021

This week’s MacroMemo tackles the usual assortment of infection, vaccination and lockdown developments, before pivoting to several key economic issues. We update our business cycle scorecard across several dimensions. Lastly, we speculate that risk assets may be starting to prefer moderate rather than strong economic data.


Click here for the full report; RBC GAM MacroMemo.