The abandonment of the target speaks volumes about the scope of the damage inflicted by the pathogen.
Day: May 21, 2020
Just Two Things.
“We are now experiencing a whole new level of uncertainty”.
Meanwhile, In Turkey…
Of “foiled” plots and valuable, gas-rich allies.
Nomura’s Charlie McElligott On The Rally And The Future Of Macro
“…we would need to see an unprecedented marriage where both monetary and fiscal policy align in a magnitude not previously experienced”.
As Virus Jobless Claims Total Nears 40 Million, Let’s Make Sure We’re Asking The Right Questions
The question is not whether “the worst is over”. Nor is the question about the “pace” of the rebound.
In Europe, Light At Tunnel’s End Still Just Faint Glimmer
Williamson cautioned that a full recovery in Europe may “take several years”.
Knife’s Edge: China Plans Serious Hong Kong Escalation As Trump Accuses Xi Of Letting ‘Plague’ Spread
“The market is taking this news negatively”.
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