Terrific Tuesday

This is the Economic GPS Takeaway

I'm Thaddeus Cummins.

Today is November 2 Tuesday NY, NY, USA


The Yen index is on a downward trend.

#Pandemic News

Supply chain bottlenecks are a bigger obstacle to consumer spending than fears over the surging pandemic.

source: https://www.forbes.com/sites/christianweller/2021/11/01/the-global-pandemics-reach-slows-economic-growth/?sh=d8b3fc7af8a8

#Climate News

The US Defense Department’s climate strategy lays out four lines of effort: integrating climate-informed decision-making into all processes; training and equipping a climate-ready force; ensuring infrastructure contributes to successful readiness in changing conditions; and considering climate change as part of supply chain management.

Source: https://www.defensenews.com/smr/energy-and-environment/2021/10/12/with-only-weeks-remaining-us-army-preps-for-release-of-climate-strategy/

#Trade News

One hundred and thirty-six countries and jurisdictions signed on to an agreement to have global corporations pay a minimum tax rate of 15%.



#Economic Calendar News

Royal Bank of Australia keep rates at 0.1%.



#Technical USD/JPY

USD/JPY has been on a downward trend.

This is Thaddeus Cummins looking forward to your continued success. Good day!

Thaddeus Cummins

"Meditate on the Good. The Math will Follow."

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