1240 days ago
U.S Fiscal deficit just made another fresh 70-year low
Is QE / further money printing the only way to pay for this? - source: Crescat Capital
1240 days ago
U.S bankruptcies fillings are at the same level than in 2009
The good news is that the Fed is even more active this time around and that a vaccine is around the corner (source: The Market Ear)
1241 days ago
Pandemic in the U.S: a disaster before the vaccine?
The coronavirus pandemic ‘is about to explode’ before therapeutic counterattack, Dr Scott Gottlieb says (ex FDA head). The chart below shows US cases - source: Pantheon, The Market Ear
1241 days ago
Covid cases might be peaking in Spain while the hospitalization curve looks promising
Source: Pantheon, The Market Ear
1243 days ago
Goldman believes in a broad fiscal stimulus deal in December
Goldman Sachs: "This has become the more likely scenario, in our view, for three reasons: 1) Neither party has as much to gain from postponing passage since Senate control looks less likely to change than it seemed prior to the election; 2) The upcoming runoff elections in Georgia might make Senate Republicans more eager to reach a deal, as they will want to avoid any perception the Republican majority is an obstacle to fiscal relief; 3) As noted above, some fiscal measures are likely to pass in December along with the spending bill, and political tradeoffs might make it easiest to just pass the broader bill at that point" However, fiscal measures will probably come too late to affect Q4 growth. Size? base case is a fiscal stimulus package of around $1 trillion (a little less than 5% of GDP). Source: The Market Ear
