United States: Another four million Americans filed for unemployment last week.
While the weekly applications are expected to slow, millions more will be applying for unemployment benefits in the weeks ahead. Here is a forecast from Pantheon Macroeconomics.
This map shows what portion of the workforce has filed for unemployment since March 15th.
Eurozone: The Citi Economic Surprise Index hit a record low.
Equities: Investors have been shunning companies with weak balance sheets.
Credit: Here is the distribution of US corporate bonds by rating.
Rates: The US broad money supply growth rate is the highest in modern history (driven by the Fed’s rapid-fire QE).
Food for Thought: Support for restrictions to prevent the virus spread:
Edited by Daniel Moskovits
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