The Pre-Pandemic Economy May Never Come Back: Morning Brief
US economic story of the year was hammered home again on with the July retail sales report showing consumer spending remains surprisingly resilient.
Believe it or not, Consumer Sentiment is Improving
Market rallied as we were reminded not to underestimate U.S. consumer. BEA reported personal consumption expenditures growth accelerated in June.
Secure 3.0: What would a successor to SECURE look like?
The SECURE Act was signed into law in December 2019. SECURE 2.0 became law three years after that. Could SECURE 3.0 be in the works?
Hedge Fund Treasury Trade That Blew Up Attracts BOE Concern
A leveraged trade in US Treasury futures that has regained popularity with hedge funds poses a risk to global financial stability.
One Trader Bets the VIX Index Will Triple in Next Three Months
Hotter-than-expected private hiring data has woken up Wall Street’s chief fear gauge after weeks of quiet in volatility markets.