Waiting, Watching, Wondering: Maybe it’s the nation’s rising anxiety over the November election. Or worries that the economic rebound is slipping. Whatever the reason, the week that just in ended dispatched losses far and wide.
Last month the Federal Reserve announced that it was adjusting its monetary policy in a bid to push inflation higher. Based on recent trading in the Treasuries market, the crowd remains unconvinced and may be in the early stages of unwinding a months-long rise in pricing inflation expectations higher.
US officials try to assure public that vaccine will be safe: CNBC
NY state will review coronavirus any vaccines approved by Feds: Reuters
European Union to appeal ruling in favor of Apple in $15 billion tax battle: CNBC
GOP and Dems still trying to reach agreement on new stimulus bill: BBG
House Democrats preparing new, smaller coronavirus relief package: CNBC
Is US policy repeating mistakes in 2009’s economic stimulus? NYT
Investors warily eye prospects for US election: MW
Sales of newly built US homes rose to 14-year high in August: MW
US jobless claims continue to surge–up 870,000 last week: CNBC