Wall Street Optimism, Factory Revival, Fed Nomination: Eco Day

Welcome to Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:

  • After a year that made a mockery of every best-laid investment plan, the prognosticators of Wall Street are greeting 2021 with optimism. Here’s what the world’s biggest banks and investment firms expect for theyear ahead
  • The Trump administrationagain nominated Judy Shelton to be a member of the board of governors of the Federal Reserve, almost two months after previous efforts to hold a Senate vote on the matter were derailed
  • President Donald Trump extended aban on new green cards and work visas until months after he leaves office, citing continued weakness in the U.S. labor market due to the coronavirus pandemic
  • Here’swhat to watch in the U.S. economy this week
  • With the global economy still in the teeth of the Covid-19 crisis, the Eurasia group sees adivided U.S. as a key risk this year for a world lacking leadership
  • Euro-area manufacturing grew at the fastest pace in more than 2 1/2 years in December, bringing somepositive news at the end of an horrific 2020 for the region’s economy. Factory activity across Asia alsogained momentum
  • In the 21st century’s toughest test yet of governing, the Nordicsstand out. After almost a year of the pandemic, the region’s societal model has made it “the most promising” in charting a sustainable path out of the crisis, according to the World Economic Forum

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