Recent history has been humbling for nearly every corner of portfolio management. There are exceptions, of course. Several managed futures ETFs, for example, have been relatively stable in the recent market correction. But extreme stress has afflicted most corners of the financial markets, which in turn has unleashed unexpected challenges for many portfolio strategies.
Daily Archives: April 23, 2020
Macro Briefing | 23 April 2020
The grim calculus for deciding when to reopen the economy: NY Times
US jobless claims expected to rise 4.5 million in today’s report: USA Today
Trump signs order to suspend immigration: Bloomberg
Eurozone PMI: “unprecedented collapse of Eurozone economy” in April: IHS Markit
Record decline in UK economic output in April amid public health crisis: IHS Markit
Japan’s economic decline intensified in April via PMI survey data: IHS Markit
Bankruptcy threatens US energy industry after supply/demand shock: Reuters
A closer look at IMHE’s widely cited Covid-19 forecasting model: Quartz
Treasury market’s implied inflation outlook is below 1% for 5- and 10-yr maturities:
