Greetings,
Equities: The President and First Lady tested positive for COVID, sending jitters through the markets. Stock futures are heavy in early trading.
The market-based probability of Pence winning the 2020 election jumped.
Credit: ESG debt issuance hit records in Q3.
Rates: Treasury bill supply is projected to decline into year-end.
Energy: Credit quality for US-based oil and gas firms is trending lower, which increases the probability of more defaults.
United States: Consumer spending remained robust in August.
But incomes declined.
Food For Thought: Google searches for ATMs vs. payment apps:
Edited by Daniel Moskovits
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