In the hours ahead of the first presidential debate on Tuesday evening in the US, Joe Biden released his tax returns in a bid to
Day: September 29, 2020
China PMIs Beat, Ostensibly Bolstering Recovery Case
China’s economic recovery remained largely on track in September, PMI data out Wednesday suggested. The official manufacturing gauge printed 51.5 for the month, ahead of
Ambiguous Ambiguity
When it comes to US equities and a prospective Joe Biden administration, the debate has always centered around the trade off between predictability and a
‘For Some Reason’ America’s Government ‘Just Can’t Get It Done’
The daily rate of positive coronavirus tests hit 3.25% in New York City, Bill de Blasio said Tuesday. That’s the highest since June. The city,
Nomura’s McElligott On ‘Doomsday Prepping’ And The Underpriced ‘Risk’ Of No Chaos
Assuming no black swans come splashing down in the macro lake, equities may be somewhat insulated from dramatic swings in the weeks leading up to
Europe Risks ‘Deflationary Spiral’ As German Data Raises Alarm
If Christine Lagarde and the ECB were already fretting about deflation risks in the months ahead, they’re likely a bit more concerned Tuesday, with the
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Markets shifted into a kind of nervous neutral Tuesday as risk appetite waned following Monday’s rousing start to a busy week. Equities were muted or
