Senior editor Ash Bennington joins managing editor Ed Harrison to discuss the latest developments in markets, macro, and coronavirus. Bennington and Harrison…
So in Slok's honor, and in hopes that many will pick up his charting torch, below we publish his latest Global Macro Outlook slides consisting of nearly 200 pages of charts...
A rigged bankruptcy, followed by a widely-marketed secondary, led to a limp share price - followed by emergence from bankruptcy which should unlock this opportunity.
After two consecutive record payroll prints, the US added a whopping 7.5 million jobs in the past two months after losing a record 20.7 million jobs in April. So who exactly was hiring, and who was firing?
The bill also states any foreign financial institution that conduct “significant transactions” with anyone in the Hong Kong government or the National People’s Congress (NPC) will be cut off from the US financial system...
If the workers who were recorded as employed but absent from work due to "other reasons" had been classified as unemployed on temporary layoff, the overall unemployment rate would have been about 1 percentage point higher than reported.
Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by the collapse of the bubbles won't be evenly distributed, either...
If the June consensus is realized, we will have seen around 5.5 million of those jobs return highlighting the uphill task the economy faces in 'normalizing'.
