Greetings,
United States: In some regions/industries, it is more lucrative to keep the expanded unemployment benefits than to return to work.
In addition, despite the government checks, many households have been tapping their savings to pay bills.
Eurozone: Germany’s yield curve has steepened in recent days as the government readies substantial fiscal stimulus.
China: Many EM economies owe China money.
Equities: This chart shows the total share buybacks for S&P 500 sectors announced over the past three months.
Global Developments: This chart shows productivity growth across OECD countries.
Food For Thought: Accuracy of the COVID-19 death count:
Edited by Devon Lall
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