4th October 2021

  • Inflation Gauge Hits Highest Since 1991 as Americans Spend More

Household outlays rise 0.8% on goods, after falling in July

PCE price index up 4.3% in August from year ago; core up 3.6%

https://blinks.bloomberg.com/news/stories/R0B140DWLU6I

  • Headwinds Mount for World Economy Into Final Stretch of 2021

Energy costs are surging and delta continues to spread

China’s energy shock now expected to hammer its recovery

https://blinks.bloomberg.com/news/stories/R0FF99T0AFB8

  • U.S.’s AAA at Risk If Congress Fails on Debt Limit, Fitch Says

Senate Democrats eye vote on debt limit that GOP aims to block

Treasury has warned it will run out of cash later this month

https://blinks.bloomberg.com/news/stories/R0AXIBDWRGG2

  • U.S. Factory Growth Unexpectedly Advances to Four-Month High

ISM manufacturing index rose to 61.1 in September from 59.9

Pickup reflects growing inventory, longer delivery times

https://blinks.bloomberg.com/news/stories/R0AYVDDWRGG6

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