How coronavirus is beginning to hit China’s economy
A Chinese passenger that just arrived on the last bullet train from Wuhan to Beijing is checked for a fever by a health worker at a Beijing railway station on January 23, 2020 in Beijing, China. Kevin Frayer | Getty...
Why you might buy a burger with bitcoin in Venezuela, but not Europe
If you live in a country plagued by hyperinflation, which renders the local currency close to worthless, how would you go about buying anything? In Venezuela, where the bolívar continues to decline against the dollar – on Monday, $1 could...
Markets Sold Off on Coronavirus Worries, Dollar Momentum to be Capped by Yen Strength
China’s new coronavirus overshadowed central bank activities last week and prompted global risk aversion. At the timing of writing, death toll jumped to 41 while more than 1300 people have been infected globally. The virus has already spread from Wuhan...
The next big thing in ETFs could give a boost to long suffering active investors
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty Images Active portfolio managers could get some help in the battle against passive investing if a...
The 2020 Election and the Economy: Part III
Executive Summary In part I of our series on the 2020 election and the U.S. economy, we examined some of the key facts about the election as it currently stands. In part II, we tackled where the candidates stand on...
Weekly Economic and Financial Commentary: Something in the Air
U.S. Review Something in the Air Fears of an escalating coronavirus outbreak reached the United States this week, as a Washington state man became the first confirmed domestic case and the international total reached more than 800. We expect any...
CECL accounting standard still under fire as banks report day-one impact
Strong performances by JPMorgan and Morgan Stanley, and disappointments at Goldman Sachs, dominated commentary around the 2019 US bank earnings calls in January. However, lurking in the background was the less eye-catching but critically important CECL, the current expected credit...
The Weekly Bottom Line: This Is What It Feels Like…When Doves Guide
U.S. Highlights Markets were focused on the progress of the new coronavirus in China, with few economic headlines in the U.S.. It is still early days, but it is likely the important efforts to contain the disease will crimp economic...
Week Ahead: Coronavirus, FOMC, BOE, and Brexit
Wow! I’m sure not many people expected a risk off move this week due to the outbreak of a virus! With 3 Central Bank meetings (BOC turned dovish) and a return to watching the economic data after US trade deals...
Oil Market Week Ahead: Virus, Tesla and Hedge Fund Positioning
China will celebrate its New Year festival for the best part of next week, trying for a few days to forget the spread of the coronavirus across the country, while offices and markets remain closed until Friday. But in a...
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