Despite a late-week rally in equity markets, risk-off sentiment dominated last week, leaving most of the major asset classes lower by the close of trading on Friday, Apr. 24. Bucking the trend: inflation-indexed Treasuries, which posted the best gain for the trading week, based on a set of exchange-traded funds.
Continue reading
Daily Archives: Apr 27, 2020 at 07:12 am EDT
Macro Briefing | 27 April 2020
Some US states begin to reopen their economies: WSJ
Treasury Sec. Mnuchin expects Q3 rebound for US economy: MW
Stock market’s rise is a bet on on testing, treatments to restart economy: Reuters
Bond market considers deflation risk ahead of this week’s Fed meeting: BBG
Surge in gov’t spending will lead to higher taxes… eventually: CIO
Consumer sentiment tumbles for 3rd month in April: CNBC
US Composite PMI: economic output collapses in April: IHS Markit
US durable-goods orders plunged 14% in March: MW
Daily rise in US Covid-19 deaths falls to 3-week low for Apr. 26: Johns Hopkins