United States: The share of mortgages in forbearance keeps climbing. Will it peak this month?
Managing the economy with counter-cyclical fiscal and monetary policy has helped reduce the GDP volatility, according to BCA Research.
Energy: Traders have been rolling out of the June NYMEX crude contract into July much earlier than usual. Given what happened with the May futures, financial participants don’t want to hold the contract close to maturity.
Equities: The Short Interest Index is off the highs.
Credit: US lending standards appear to be correlated with VIX.
Global Developments: Airfreight supply has fallen faster than demand.
Food for Thought: Is your government doing a good job containing the pandemic?
Edited by Devon Lall
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