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
Day: October 22, 2020
America’s New Housing Bubble Is Terrifying And Comforting All At Once
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
Gods Don’t Bleed (But Albert Edwards Isn’t So Sure)
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
As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months
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
Indecipherable Data Shows Jobless Claims At Lowest Of Pandemic Era
“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
Running Interference
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
