Greetings,
United States: Business and consumer confidence indicators have diverged.
United Kingdom: New COVID cases are falling.
China: Short-term rates keep climbing. This is certainly one way to delever the financial system.
Here is the 10yr yield vs. the overnight rate.
Equities: VIX has diverged from the 30-day historical volatility.
Rates: The US 3-month LIBOR is near the lows amid ample liquidity in money markets.
Food For Thought: Voter turnout by state:
Edited by Daniel Moskovits
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