Top-of-mind economic news as we start the week:
— The US economy grew at a 2.3% annualized rate in the third quarter of 2021, a slight upward revision.
— UK data showed Omicron is 50%-70% less likely to result in hospitalization versus the Delta variant of Covid.
— A record $577 billion poured into ESG-focused funds through end of Sept. 2021, surpassing all of 2020 ($355 billion).
— US core inflation (PCE Index) climbed 4.7% from last Nov., the fastest annual pace since 1982.
— Worldwide COVID-19 cases broke the daily record, coming in at 1.5 million.
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