Equities: Here is the correlation between the S&P 500 and the US GDP.
Credit: Despite elevated default risks, US CCC-rated corporate bond spreads are near pre-crisis levels.
Energy: Gasoline demand is weakening again.
Eurozone: Italy’s new COVID cases exploded over the past couple of weeks.
United States: The World Economics SMI index, which measures the nation’s business activity, moved back into contraction territory this month.
Online searches across different sectors point to reduced activity.
Food For Thought: Total early votes so far this year:
Edited by Daniel Moskovits
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