by Rachel Poole | Jul 18, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities make some gainsGlobal equities added small gains this week, a vaccine hopes overshadowed a continued increase in US Covid-19 cases. The yield of the US 10-year Treasury note remained steady at 0.62% as did Volatility which ended the...
by Rachel Poole | Jul 16, 2020 | Uncategorized
Coronavirus Spending Pushes U.S. Budget Deficit to $3 Trillion for 12 Months Through June Kate Davidson, Wall Street JournalRead the full article here The US budget deficit has soared in the months since the pandemic began, and is projected to reach $3.7 trillion...
by Rachel Poole | Jul 11, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities little changedGlobal equities were little changed on the week. Market fluctuations this week displayed the heightened fear that the US economic recovery will lose progress as the number of Covid-19 cases surges. Reflecting such...
by Rachel Poole | Jul 10, 2020 | Uncategorized
World Economy That Took Elevator Down Faces Steep Stairs Back Up Enda Curran, BloombergRead the full article here In the wake of what the IMF has called “The Great Lockdown,” the world has suffered from the worst economic crisis since the Great Depression. While...
by Rachel Poole | Jul 4, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities improveGlobal equities were much improved this week in part thanks to promising news of a vaccine and a much-improved US labor report. The yield on the 10-year US Treasury note increased just slightly, hitting 0.67%. The price of a...