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Employment in Pictures
July 2, 2020
A better than expected 4.8 million jobs were added back in June. The unemployment rate dropped to 11.1%.
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Quick Comments/What We’re Reading
July 2, 2020
Today's topics include Is Tesla more than just a car company?, Fed Powers, Risks in equities, The new admen, Auto sales hiccups, More records, Oil downturn, EM green bonds, and The cash question
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Cartoons
July 2, 2020
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Total Return Review – A Year of Extremes at the Halfway Point
July 1, 2020
With 2020 now halfway over, it is safe to say this has been a year of extremes.
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Monthly Fund Flows – Record Inflows Into IG & HY Funds in May
July 1, 2020
Investment grade and high yield funds saw record inflows in May, just as the Fed's purchases began.
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Quick Comments/What We’re Reading
July 1, 2020
Today's topics include as cases surge reopening falters, the recovery, Powell's testimony, banks weigh in on masks & GDP, COVID's effect on M&A, Fed programs, stock returns, a hiring rebound?, the third quarter outlook, gains come overnight, and measuring Trump's re-election odds.
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Cartoons
July 1, 2020
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Will the Markets Allow the Fed to Stop Buying Bonds?
June 30, 2020
The Fed believes their security purchase programs are temporary. They are scheduled to end on September 30, but many investors believe these programs will be extended into 2021.
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Quick Comments/What We’re Reading
June 30, 2020
Today's topics include it is tough for active managers to stay on top, hedge fund positioning, modern monetary theory, the blurred line between fiscal and monetary policy, the employment population ratio, what to do with remaining PPP money, betting on bankrupt stocks, and what is your six-month forecast on stocks?
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Cartoons
June 30, 2020
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Quick Comments/What We’re Reading
June 29, 2020
Today's topics include Treasury issuance vs. the Fed's purchases, what can propel stocks higher?, the difficulty in measuring inflation during a pandemic, determining creditworthiness with alternative data, trouble on the horizon for small businesses?, the drug of monetary policy, China's rare earths dominance, and Goldman lowers air traffic projections.