Lockdowns and Helicopter Money

While France is expected to be the next EU country to announce a national lockdown to combat coronavirus pandemic tonight, pressure is significantly mounting on central banks to take further steps to support aggregate demand and fight against deflationary forces resulting from the COVID-19. Once unimaginable, central banks are increasingly...

Market Quick Take – October 28, 2020

Market sentiment remains shaky as broader US averages dropped slightly, and in virus-hit Europe, the German DAX index closed below its 200-day moving average for the first time since June. US treasury yields have tumbled back lower, wiping away most of their recent advance, helping to propel the Japanese yen...