Greetings,
United States: Will another CARES package thrust the nation’s budget deficit to a new record?
Search activity trends for rentals vs. real estate listings have diverged. Moreover, many of the rental searches are for single-family homes in the suburbs.
Eurozone: Economists are concerned that the rebound is stalling as high-frequency indicators flatten out.
Worried about the economic outlook, euro-area loan officers are tightening credit standards.
China: More US firms are moving operations out of China (but not to the US).
Energy: Energy-sector insiders have been buying shares.
Also, renewable diesel consumption keeps climbing.
Equities: The 2020 election premium priced into the volatility markets remains elevated.
These charts show the 30-day market moves implied by the VIX futures curve.
Food For Thought: The Biden-Trump poll:
Edited by Devon Lall
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