Most of last week's data releases can be ignored as they are from before the spreading of the coronavirus and the data releases are in fact outdated since the economy is in another place now. Marina Cassar Derjavets. US In the US, beginning to be released are data incorporating the near-global shutdown of economic activity [...]
Most of last week's data releases can be ignored as they are from before the spreading of the coronavirus and the data releases are in fact outdated since the economy is in another place now. Marina Cassar Derjavets. US The government mandated closures of schools, bars, restaurants, gyms and movie theaters accelerated the shutdown and [...]
Most of the data releases can be ignored as they are from before the spreading of the coronavirus and these releases are in fact outdated since the economy is in another place now. Marina Cassar Derjavets. US Stocks suffered a week of historic losses as worries deepened about the impact of the novel coronavirus outbreak. [...]
US The Federal Reserve cut interest rates by a half percentage last Tuesday, hours after a G7 teleconference in which officials vowed to coordinate policy. Other central banks cutting rates include the Bank of Canada, which also cut rates by a half percentage, and the Reserve Bank of Australia, which cut by a quarter-point. While [...]
US The bond market now expects almost four Fed rate cuts by the end of the year, but one might rightly wonder how lower short-term rates would alleviate supply chain disruptions and aversion to international travel. Prior to the last major financial market flare-up, in December 2018, one could make the case that short-term rates [...]
