Daily Archives: March 16, 2020

Nowhere To Hide Last Week

The coronavirus blowback that’s roiling the world cut into every facet of the major asset classes last week, based on a set of exchange traded funds. Another challenging week awaits, as sharp losses in overseas markets and US futures trading (ahead of New York’s open for stocks) on Monday suggest.

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Macro Briefing | 16 March 2020

Fed announces rate cut to near zero: WSJ
Central banks announce emergency policy measures: Reuters
US stock futures drop sharply on Monday, hitting “limit down”: CNBC
Goldman Sachs Predicts US GDP will drop 5% in Q2: Bloomberg
America confronts shutdown: CNN
Biden and Sanders debate with coronavirus as backdrop: CNBC
US Consumer Sentiment Index fell in March “due to… coronavirus” UoM
10yr Treasury yield falling again on Monday as risk-off trade accelerates: