Archive for April 10th, 2020

Deeper Analysis

Early Lessons from the Coronavirus Pandemic

April 10, 2020

Covid-19’s shock to the U.S. economy has been extraordinary. It took roughly four years in the Great Depression for the number of unemployed workers to crest between 14 and 15 million but a mere three weeks for 16.78 million workers this year to be laid off. While the U.S. population is now 2.6 times greater […] More

New Overnight Developments Abroad - Daily Update

Good Friday 2020

April 10, 2020

With so many countries closed for Good Friday, there’s been no leadership to move world financial markets. The dollar is flat to -0.1% against other key currencies. The 10-year Japanese JGB yield is two basis points lower, while other sovereign debt markets are shut. Equity trading has been minimal, with Europe, Australia, New Zealand, Hong […] More