1217 days ago
CAPE ratio has valuations at highest since the roaring 20s
By this measure, U.S. stock valuations are back above their peak seen in 1929, just before the Great Depression (though still well off dot-com-era highs).
1217 days ago
Switzerland cuts new COVID-19 infections in half without national lockdown
Switzerland has slashed COVID-19 case counts in half within a matter of weeks despite bars, restaurants and gyms in most of the country staying open. The country recorded 10,128 new cases on Nov. 5, but the figure dropped dramatically to 4,312 new infections on Nov. 27, the Telegraph reported. Instead of implementing a nationwide lockdown, the Swiss government has largely left restrictions up to individual regions to decide, the outlet reported.While Geneva ordered a strict lockdown, other major hubs such as Zurich and Bern allowed restaurants, bars and gyms to continue to operate. The Swiss have only issued a few national restrictions — including a limit of 10 for private gatherings, an 11 p.m. restaurant curfew and mask mandates in crowded spaces.Source: New York Post
1218 days ago
Small businesses are feeling the blunt
48% of U.S small businesses are at risk of closing for good. See below the most impacted sectors - source: Alignable
1218 days ago
U.S Total Debt-to-GDP
US total debt has skyrocketed during the Covid-19 recession and is approaching 300% of GDP. Massive fiscal and monetary stimulus as well as heavy bond issuance by corporates are the main drivers of the spike in debt. Hence, questions about debt sustainability are popping up everywhere. In the near term, however, this is unlikely to be an issue simply because debt is cheap. Source: Federal Reserve Bank of St. Louis, Jeroen Blokland
