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Day: October 22, 2020

Apprehension And Irony

Apprehension And Irony

October 22, 2020October 23, 20204 min read

US markets felt apprehensive Thursday. If that’s an accurate read, it’s understandable. The timeline on virus relief is still ambiguous and election uncertainty pervades virtually

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4 Comments on Apprehension And Irony
America’s New Housing Bubble Is Terrifying And Comforting All At Once

America’s New Housing Bubble Is Terrifying And Comforting All At Once

October 22, 2020October 22, 20203 min read

It’s hard to know whether to cheer or shudder at ongoing signs of strength in the US housing market. On one hand, we should be

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17 Comments on America’s New Housing Bubble Is Terrifying And Comforting All At Once
Gods Don’t Bleed (But Albert Edwards Isn’t So Sure)

Gods Don’t Bleed (But Albert Edwards Isn’t So Sure)

October 22, 2020October 22, 20204 min read

Don’t doubt the gods. That was the lesson learned over the summer of our discontent, when the pandemic exacerbated already entrenched trends favoring a wholesale

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4 Comments on Gods Don’t Bleed (But Albert Edwards Isn’t So Sure)
As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months

As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months

October 22, 2020October 22, 20203 min read

The COVID containment effort is in shambles across Europe, where officials are now grappling with the harsh reality of a serious second wave which, in

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3 Comments on As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months
Indecipherable Data Shows Jobless Claims At Lowest Of Pandemic Era

Indecipherable Data Shows Jobless Claims At Lowest Of Pandemic Era

October 22, 2020October 22, 20202 min read

“Just” 787,000 Americans filed for unemployment benefits last week, considerably better than the 870,000 economists expected. California resumed reporting after a pause. Although still above the

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Running Interference

Running Interference

October 22, 2020October 22, 20206 min read

The mood was somewhat sour Thursday ahead of the last US presidential debate. Reports that Iran and Russia managed to obtain voter registration information for

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1 Comment on Running Interference

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