The Bloomberg Barclays Global Aggregate Index has grown over 14% so far in 2020 to a market value of almost $65 trillion. This can be broken down by security type, country of origin, currency, rating and maturity.
Pandemic-related stimulus measures have created much higher debt to GDP ratios around the world.
Updating the growth in central bank balance sheets
An update of the world of negative-yielding debt in the wake of the U.S. election
The 2020 election saw the largest percentage of Americans voting since 1900.
Some charts from our recent posts.
The number of temporary layoffs and permanent job losses will become key metrics to watch if another round of lockdowns become a reality in the U.S.
Today's topics include alternative data on the lockdowns, understanding fedspeak, gold and copper performance, green bond sales, China on the end of stimulus, next bitcoin rally is here, PE benefits from a divided government, China's bank squeeze, emerging markets feeling the pressure of the US election, and a pandemic update
Today's topics include checking in on jobless claims, an eye on the treasury market, the trade deficit, valuations are not a short-term timing tool, reasons tech stocks look good despite valuations, without fiscal stimulus, the Fed Is left counting on the wealth effect, no fireworks expected at today's FOMC meeting, EU one step closer to stimulus package, and discretionary retail
Once the votes made a divided government a high likelihood, the markets reacted by decreasing the odds of further fiscal stimulus. Bond yields fell and the stock market is up.