The Capital Spectator has left the building. So long to 2020, and good riddance. We’ll be back in the new year, starting with Best of Book Bits 2020: Part II on Saturday, Jan 2, followed by the resumption of the usual routine on Monday, January 4. Meantime, best wishes to our readers for 2021! Our model-free forecast assumption: relief is coming.
Daily Archives: December 29, 2020
Correlations For Return Volatility Have Spiked
Designing and managing portfolios that maximize diversification is challenging in the best of circumstances. In the wake of this year’s coronavirus pandemic, the task has become even tougher.
Macro Briefing: 29 December 2020
* House passes bill to raise stimulus checks to $2,000
* Debate over $2,000 Covid-19 aid checks shifts to Senate
* House overrides Trump’s veto of a $740.5 billion defense policy bill
* New York lawmakers pass bill that bans most evictions
* Manufacturing activity expanded for 7th month in Texas in December
* US stock market (S&P 500) jumped to record high on Monday:
