This week is going to be a busy one on the macro front. First, we get a LOT of data, as some releases earmarked for the following week are going to come out earlier due to the holidays. We get several data points for the month of November including Retail Sales, Industrial Production, and the Fed's favorite inflation gauge, Core PCE. We also get the first read on Leading Economic Indicators for the month of December with the release of the Empire Fed Index and Markit preliminary PMIs on Monday, and the Philly and KC Fed Indices on Thursday. We expect the FOMC to cut rates once more at their policy setting meeting on Wednesday. A cut appears to be a given considering the odds currently embedded in the marketplace. However, it’s the commentary and Q&A that will likely hold the most value, as Chairman Powell will certainly be asked to weigh in on proposed policies of the incoming administration and their potential for reviving inflationary pressures. Don't miss that Q&A on Wednesday!

The Macro Week Ahead

The Macro Specialist Designation (M² SD)

Learn More Here: https://macrospecialistdesignation.com/

The Macro Week In Review

Macro Job Board

Global Market Strategist @ New York Life Investments (New York)

In this role you will develop capital markets perspectives, portfolio strategy, and trade ideas through original research and apply macroeconomic themes to alternative and private markets conditions. 

VP, Macro Research, Cross Asset Strategist @ JP Morgan (New York)

You will focus primarily on developing and presenting a broad strategic and tactical asset allocation across different products/markets and jurisdictions. You will part of a team that has the objective to develop a coherent framework for valuations and positioning across asset classes.

VP, Macro Hedge Fund Due-Diligence @ JP Morgan (New York)

Responsible for applying quantitative and qualitative skills, experience, and informed judgment to enhance the performance of client hedge fund portfolios. Will work within the manager research group on all aspects of manager sourcing, due diligence, and analysis of third party relative value and macro hedge funds.

What We Read This Weekend

Grocery Prices Pack A Punch As Overall Inflation Holds Steady
Europe Has Choice Of Doing Hard Work Or Facing Next To No Growth
Top China Official’s Urgent Warning

Have feedback? Simply reply to this email to tell us what you like and don’t like about Macro Mondays!