During the pandemic, issuance of negative-yielding debt jumped from a pandemic low of $7.6 trillion in March 2020 to a pandemic peak of $18.2 trillion in December as investors sought safety. But that risk aversion appears to be ebbing. … READ MORE >
Blog
As markets for digital assets gyrate, regulators take notice
It is becoming increasingly likely that the froth in the markets for digital assets and the risk it brings are why federal authorities have begun signaling stepped-up scrutiny. … READ MORE >
Forecasting the dollar in a post-pandemic world
We expect that the value of the greenback will experience notable volatility with modest downward pressure, causing the dollar to decline in value against major trading currencies. … READ MORE >
CHART OF THE DAY: Gasoline prices likely to ease as driving season kicks off
Based on wholesale gasoline futures, retail gasoline prices should decline roughly 8% in the near term from the national average retail rack rate of $3.04. … READ MORE >
5 things to know in life sciences: Week of May 17
This week we highlight a new report on COVID-19 trials and diversity; functional service providers; biopharma, drug pricing and ESG scores; and more. … READ MORE >
The difference between noise and signal in U.S. wage growth
While we are observing some indicators that imply modest wage growth, at this point it is more noise than signal and does not imply an imminent breakout in wage push inflation that would end the three-decade period of quiescence in pricing. … READ MORE >
CHART OF THE DAY: First-time jobless claims continue to decline
First-time jobless claims continued their downward march for the week ending May 15, falling to 444,000, as new filings for federal Pandemic Unemployment Assistance declined to 95,086. … READ MORE >
CHART OF THE DAY: Housing permits hold while lack of materials stifles starts
Homebuilders continue to be bullish on the American housing market as housing permits remained above 1.7 million for the fifth straight month, coming in at 1.76 million in April. … READ MORE >
CHART OF THE DAY: The logistics of a recovery
The Port of Los Angeles continued processing record numbers of shipping containers in April, including empties necessary for maintaining the Asian supply chain. … READ MORE >
CHART OF THE DAY: Remittances to Mexico reach record levels
The remittances, which equaled roughly 3.8% of gross domestic product in March, or nearly $41 billion a year, are a crucial source of funds comparable with foreign direct investment into Mexico. … READ MORE >