The baby and the bathwater: Risk-off dominated global market activity this week as investors dumped every slice of our standard lineup of the major asset classes as of today’s close (Oct 30).
Daily Archives: Oct 30, 2020 at 07:04 pm EDT
Has The Decades-Long Slide In Treasury Yields Run Out Of Road?
Predicting the end of the secular decline in interest rates has been a hardy perennial — and perennially wrong. Given this history, any observer of bond yields must be wary of declaring that a 40-year trend has reached its end.
Macro Briefing: 30 Oct 2020
US economy posts dramatic rebound in Q3–GDP rose at record rate: CNBC
Analysts worry that US economic rebound is fading: BBC
Early US voting rises to a record 80 million: Reuters
US coronavirus cases rise above 89,000 a new record: BBG
Europe’s rising coronavirus infections and death are a warning for the US: WSJ
Jobless US workers face potentially massive defaults: Politico
Amazon expects $4 billion in Covid-19-related expenses: CNBC
US pending home sales fell in Sep after four straight monthly gains: Reuters
Big Tech’s profits continue to surge: NYT
US jobless claims continue to fall, dropping to pandemic low: CNBC
