Covid-19 and the Day After
Time for Action on America’s Darwinian Debt Struggle Robin Wigglesworth, Financial Times Read the full article here Since March, the Fed has unleashed a dizzying display of relief measures aimed at mitigating the economic impacts of the coronavirus pandemic. These...
Invert, Always Invert
“All I want to know is where I’m going to die so I’ll never go there.”...
Weekly Market Update
Global Market News Global rise despite Fed's warnings Global equities rose slightly from last week even amid comments from the Federal Reserve that Covid-19 will continue to weigh heavily on economic activity in the near-term and poses considerable risks to the...
Covid-19 and the Day After
“We Will Never Again See the World That We Left Behind One Month Ago” Stéphane Audoin Rouzeau, Scowcroft Institute of International Affairs Read the full article here Both the Great War and the possibility of a pandemic (however near or far in the future) had been...
Value and Renewal
“My own thinking has changed drastically from 35 years ago when I was taught to favor tangible assets and to shun businesses whose value depended largely upon economic Goodwill. This bias caused me to make many important business mistakes of omission”...
Weekly Market Update
Global Market News Global equities inch forward Global equities made slight gains this week. The S&P 500 fell just shy of nearing record territory, shrugging off US-China tensions and Congress’ relief package squabbles. The yield on the 10-Year US Treasury jumped...
Covid-19 and the Day After
3 Potential 2020 Election Outcomes — and What They Could Mean for Investors Lisa Beilfuss, Barron'sRead the full article here Currently, voter polls are predicting that former Vice President Joe Biden will be the next president of the US. However, anything could...
Reviewing Economic Developments: Getting Away from Colchis with the Golden Fleece
During the month of July, economic momentum lost ground, as portrayed by the Consumer Sentiment Index shown below. Data related to employment, spending, and mobility also reflected the slow down. Caution is also expressed regarding the next 2-3 months as the flu...
Weekly Market Update
Global Market News Global equities make gains - Global equities made gains this week. The Nasdaq Index hit a new record this week, surpassing 11,000. The yield on the 10-year US treasury note improved slightly to 0.56% while the price of a barrel of West Texas...
Covid-19 and the Day After
The Covid-19 Pandemic is Forcing a Rethink in Macroeconomics The EconomistRead the full article here The Covid-19 pandemic may be ushering in a new era of macroeconomics. Supply chains and production have been disrupted, but demand has taken the hardest hit. The...
