Daily Archives: Oct 20, 2020 at 07:36 am EDT

Desperately Seeking Yield: 20 October 2020 Edition

More than a year ago I reviewed Mr. Market’s offerings for yield-hungry investors and the results were meager, at least in comparison with historical payouts. How does the search-and-explore exercise compare today? Yields on government bonds have fallen, sharply, and so one would expect that slim pickings have become more so. Actually, the average trailing yield has ticked up for an equal-weighted mix of the major asset classes.

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Macro Briefing: 20 October 2020

Stimulus talks reach endgame today: BBG
Supreme Court allows mail-in vote counts after election day in Pennsylvania: CNN
Final presidential debate on Thursday will feature muted mikes: CNBC
TSA screens 1 million air travel passengers–highest since March: NPR
Calif. will review FDA-approved coronavirus vaccines before distributing: AXIOS
Are UK-EU Brexit talks finally at an end? BBC
Oil industry focuses on mergers and acquisitions to survive pandemic: NYT
US homebuilder confidence rises to new record high in October: HM