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
To receive the Daily Shot Premium, you need to be a subscriber to The Wall Street Journal. The Daily Shot readers qualify for a special membership offer of $1 for 2 months and can join simply by clicking here.
If you are already a WSJ member, you can sign up for The Daily Shot at our Email Center by clicking here.
The Daily Shot Premium is also available online at DailyShotWSJ.com
If you have any issues at all, please contact a Customer Service representative by calling 1-800-JOURNAL (1-800-568-7625) or sending an email to firstname.lastname@example.org.
Contact the Daily Shot Editor: Editor@DailyShotLetter.com