Greetings,
Energy: Frigid weather in parts of the US has been straining the nation’s energy infrastructure.
Electricity prices in Texas spiked amid natural gas shortages and windmill problems.
Equities: S&P 500 earnings are already above the pre-pandemic high, and Goldman expects significant growth this year.
Eurozone: The euro-area trade surplus hit a record high.
United States: Manufacturing employment has collapsed over the past two decades.
Global Developments: Currency implied volatility has been depressed relative to equities.
Food For Thought: Peak social media buzz:
Edited by Daniel Moskovits
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