Greetings,
Equities: Tech mega-caps increasingly dominate the US benchmark.
Rates: Speculative investors are now net long the 10yr note futures.
Energy: Last month’s Dallas Fed Energy survey showed that nearly 75% of energy and production firms are expected to restore their curtailed output over the next three months.
Stockpiles of gasoline and distillate fuel (which includes diesel used in the transport sector) remain elevated. This is a sign that refiners will be slow to accept increased crude shipments from drillers, according to Pavilion Global Markets.
Eurozone: Will the ECB’s balance sheet hit €5 trillion next year?
United States: Below is the Wall Street Journal’s survey of economists on risks to the GDP growth forecasts.
Food For Thought: Face mask usage:
Edited by Daniel Moskovits
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