Daily Briefing - August 17, 2020

Senior editor, Ash Bennington, is joined by editor, Max Wiethe, to talk gold, stocks, housing, and New York. After Ash analyzes the dismal Empire Manufacturing…
  • Aug 17, 2020 5:55 PM

New Normal In Consumer Spending: Goods Up; Services Down

In a typical recession, consumer spending on goods (retail sales) bears the brunt of the decline, while spending on consumer services often posts modest gains. But sales patterns have flipped flop in the current downturn.

  • Aug 17, 2020 1:00 PM

The Minsk-y Pinch

There is certainly lots of risk-off momentum for markets to follow – if they can pay attention.

  • Aug 17, 2020 9:45 AM