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Weekly Economic Perspectives: First Drop In US Private Employment Since April

Chief Economist

Weekly Economic Perspectives

  • The Economy
    The Covid surge hits US and Canadian employment. Buoyant housing demand in the UK. Consumer spending plunges in France. Japanese wage inflation disappoint. Job posting rise in Australia.
  • The Market
    Strong gains in equities, especially in UK with Brexit deal finalized. US yields jump on Democratic sweep, but Canada, Australia not far behind. The dollar wobbles but ends little changed. Oil surges after constructive OPEC decision.