Greetings,
United States: Finally, we have some data on the PPP program (from Celeri Networks).
Eurozone: Italian government debt is still mostly held by domestic investors.
Equities: Robinhood’s profits show a spike in retail investor interest in options and smaller stocks.
Credit: New CLO reinvestment periods have shortened dramatically. “Static” means that no reinvestment is allowed – the portfolio starts in runoff mode, and loan amortizations are used to pay down liabilities.
Global Developments: Finally, we have the distribution of central bank policy rates globally.
Food For Thought: Aging homeowners will be selling a lot of homes over the next couple of decades.
Edited by Daniel Moskovits
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