Daily Archives: November 9, 2022

Macro Briefing: 9 November 2022

* Dems perform better than expected but control of Congress still unclear
* European leaders announce funds to help poor nations with climate change.
* China’s inflation shows signs of easing in October
* China’s ‘Zero-Covid’ guessing game is all about one man: President Xi
* Some investors on Wall Street bet Fed funds rate could rise to 6%
* US inflation expected to cool only slightly in Thursday’s October report
* Binance, world’s largest cryptocurrency firm, agrees to buy rival FTX
* Meta is laying off 13% of staff, or more than 11,000 employees
* US small business sentiment remains depressed in October:

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