The Daily Shot Brief – November 17th, 2020



Equities: Moderna’s vaccine news sent the Dow to a new record as we approach 30k.

Source: The New York Times Read full article
Source: Daily Shot


Alternatives: US public pensions are among the world’s biggest private-equity investors.

Source: Institutional Investor Read full article


Credit: The AAA spread curve for US commercial mortgage-backed securities (CMBS) shows strong demand for long duration. News of the COVID-19 vaccine led to a 3-9 basis point rally for AAA spreads, with the long-end outperforming, according to Deutsche Bank.

Source: Deutsche Bank Research


Rates: It appears that the Fed may not boost the pace of its securities purchases as a result of the vaccine news.

Source: Reuters Read full article


Here is Morgan Stanley’s forecast for the Fed’s balance sheet.

Source: @ISABELNET_SA, @MorganStanley


China: China is letting some corporate bonds default.

Source: @BloombergQuint Read full article
Source: Bloomberg


Food For Thought: Short-term rentals vs. 2019:

Source: Statista

Edited by Devon Lall

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