United States: Typically, Treasury yields decline in response to a soft jobs report, but that wasn’t the case on Friday. Weakness in the labor market raises the odds of massive fresh stimulus and more debt issuance.
The yield curve continues to steepen.
Europe: How long before Europe hits herd immunity at the current vaccination pace?
Energy: Brent futures are testing $60/bbl.
Equities: Retail demand for call options has been keeping the Nasdaq 100 implied vol elevated.
Options activity in the most shorted stocks increased substantially last month, …
… which drove the outperformance of the most shorted names.
Credit: US junk bond yields are hitting record lows.
Food For Thought: Views on Marjorie Taylor Greene, Alexandria Ocasio-Cortez, and Liz Cheney:
Edited by Daniel Moskovits
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