Greetings,
United States: Government stimulus is expected to generate the fastest annual growth in nearly four decades.
Emerging Markets: EM currencies bounced on improved risk appetite.
Cryptocurrency: This chart shows corporate treasury Bitcoin balances and average buy-in prices. The corporate Bitcoin buying trend has spread from the US to Hong Kong and Scandinavia.
Equities: The market is increasingly pricing in higher inflation ahead. Stocks sensitive to rising prices have outperformed sharply since the vaccine announcement.
Rates: The Fed remains the biggest buyer of Treasuries.
Food For Thought: No vaccine intentions:
Edited by Daniel Moskovits
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