In this issue:
- US small-cap stocks explode higher
- No sign of trouble for our strategy benchmarks, which continue to trend up
Daily Archives: March 12, 2021
Measuring Return Streaks, Part II
Yesterday we reviewed the basics for calculating so-called performance streaks in markets. Let’s go a bit deeper and slice and dice the data with a bit more granularity.
Macro Briefing: 12 March 2021
* President Biden signs into law the $1.9 trillion coronavirus relief package
* Biden directs states to offer vaccines to everyone by May 1
* Three European countries halt use of AstraZeneca’s vaccine
* Treasury Sec. Yellen: Americans will start receiving relief payments this weekend
* Eurozone industrial output was much stronger than expected in January
* UK’s economy fell less than expected in January
* UK exports to Eurozone fell 40% in January
* US job openings rose in January to pandemic high
* US jobless claims fall more than expected but still unusually high:
