Greetings,
United States: The 2020 surge in reserves has been concentrated at large banks.

Eurozone: China is increasingly important for German exporters.

Asia-Pacific: Taiwan’s and South Korea’s stocks are soaring.


Commodities: The wheat rally has stalled.

Credit: High-yield munis rallied in response to Democrats taking control of the US Senate.


Food For Thought: Conspiracy theories:

Edited by Devon Lall
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