Shares in foreign developed-market nations topped returns last week for the major asset classes. After retreating for two weeks, this corner of global equity markets rebounded and led a wide-ranging rally in risk assets for the trading week through Aug. 7, based on a set of exchange-traded funds.
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Daily Archives: August 10, 2020
Macro Briefing | 10 August 2020
Trump signs executive order extending some pandemic relief: CNBC
US virus relief package at standstill after failed negotiations in Congress: BBG
US’ top health official praises Taiwan’s democracy, raising US-China tension: NYT
China briefly sends fighter jets into Taiwan airspace: Reuters
Financial crisis spawned by pandemic is especially bad for millennials: WSJ
Global extreme poverty expected to rise by 100 million, World Bank predicts: AP
US payrolls rose 1.763 million in July, beating Wall Street expectations: CNBC
Consumer borrowing picked up in June, first monthly gain during pandemic: MW
30%-to-40% of US renters may be at risk of eviction: NLIHC.org
