New Overnight Developments Abroad - Daily Update
Reminders that Covid’s Negative Effect on Economic Activity Isn’t Going Away Quickly
March 2, 2021
Yesterday was a good day from a data release point of view, and equities rallied around the world. Today’s news has been more sobering. German retail sales, which had tumbled 9.1% in December but been forecast to be fairly flat in January, instead took a further 4.5% dive and recorded an even greater year-on-year slide […] More
