If your US equity strategy is posting a gain this year there’s a good chance that the key driver is a hefty allocation to either the large-cap growth or momentum factors. These are the only two factor strategies posting gains so far in 2020, based on a set of exchange-traded funds. Otherwise, red ink rules, based on numbers through July 9.

Continue reading →

US economic recovery dependent on managing coronavirus, say economists: WSJ
Coronavirus killing record number of Americans in Sunbelt: Bloomberg
A second round of stimulus checks may be coming for US workers: CNBC
Vaccine arms race has health and economic risks, consultancy warns: CNBC
Wealthy investors are increasingly focused on sustainability trends: CNBC
Second South American leader tests positive for coronavirus: NY Times
Supreme Court: roughly half of Oklahoma is Native American land: BBC
US jobless claims rise by 1-million-plus for 15th straight week: CNBC