"The outbreaks have given markets the unpleasant reminder that the pandemic is far from over and that the economic recovery may be slower than expected."
Legal cases that might be launched in the future in Germany are all doomed to fail and should not represent a real threat to QE. It will mostly fuel, from time to time, ongoing noise against the central bank.
"Google has no qualms falsely labeling news publishers as racist as a convenient way to turn off their sites and scare writers from debating controversial ideas."
Brookfield is chasing retailers to pay thousands of dollars in rent on outlets that were forced to close during the pandemic, even as the Canadian investment group skips payments on its mortgages and asks lenders for forbearance.
Senior editor Ash Bennington joins managing editor Ed Harrison to discuss the latest news in markets, macro, and coronavirus. Bennington and Harrison first…
...heresy is asking for data that is not being collected because it might reveal unpalatably unprofitable realities. Much safer to burn heretics at the stake than let them question the cons...
A little-noticed court ruling could provide a way for restaurants devastated by the forced shutdowns of their dining rooms to get a break on rents for the months they were limited to takeout and delivery.
Overall, a solid 2Y auction pricing at the second lowest yield on record as there was clearly no shortage of buyers for the biggest 2Y offering on record.
The old saying about markets liking gridlock is only true when things are going well (prior point), not when there is a geopolitical shock (1973 – 1974 oil crisis, 9-11 attacks and Gulf War II) or a Financial Crisis (2008).
Point is, if you can just own a shiny rock and outperform all the broad stock indices then what you’re witnessing isn’t really an equity bull market, but something else. Something much bigger...
