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Day: September 29, 2020

Wallace, Biden Entered Trump’s Event Horizon. They Didn’t Make It Out

Wallace, Biden Entered Trump’s Event Horizon. They Didn’t Make It Out

September 29, 2020September 30, 20205 min read

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

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13 Comments on Wallace, Biden Entered Trump’s Event Horizon. They Didn’t Make It Out
China PMIs Beat, Ostensibly Bolstering Recovery Case

China PMIs Beat, Ostensibly Bolstering Recovery Case

September 29, 2020September 29, 20203 min read

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

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3 Comments on China PMIs Beat, Ostensibly Bolstering Recovery Case
Ambiguous Ambiguity

Ambiguous Ambiguity

September 29, 2020September 29, 20207 min read

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

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2 Comments on Ambiguous Ambiguity
‘For Some Reason’ America’s Government ‘Just Can’t Get It Done’

‘For Some Reason’ America’s Government ‘Just Can’t Get It Done’

September 29, 20204 min read

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,

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2 Comments on ‘For Some Reason’ America’s Government ‘Just Can’t Get It Done’
Nomura’s McElligott On ‘Doomsday Prepping’ And The Underpriced ‘Risk’ Of No Chaos

Nomura’s McElligott On ‘Doomsday Prepping’ And The Underpriced ‘Risk’ Of No Chaos

September 29, 2020September 29, 20206 min read

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

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3 Comments on Nomura’s McElligott On ‘Doomsday Prepping’ And The Underpriced ‘Risk’ Of No Chaos
Europe Risks ‘Deflationary Spiral’ As German Data Raises Alarm

Europe Risks ‘Deflationary Spiral’ As German Data Raises Alarm

September 29, 2020September 29, 20203 min read

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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1 Million

1 Million

September 29, 2020September 29, 20205 min read

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

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