There have been few places to hide from this year’s dramatic crash in stock markets around the world. Cash, US Treasuries and a select group of government bonds in foreign markets have been a rare source of safety. For funds that held risk assets, managed futures strategies have also been an island of calm, at least for some portfolios, including several of the largest ETFs in this niche.

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Governors of 10 states announce plans for gradual economic reopenings: Reuters
US economic reopening expected to be slow and tenuous: WSJ
Fed’s plan to favor certain cities for relief funding draws criticism: FT
Advanced economies on track for deeper slump vs. 2008 crisis: Bloomberg
Coronavirus-earnings season starts with today’s update from JP Morgan: CNBC
Treasury Dept: first round of coronavirus checks have been sent: USA Today
Economic pain will linger longer after economy reopens: NY Times
Is Texas in play for Nov election after state’s economic troubles? Politico
Treasury market’s inflation expectations continue to snap back: