The most important divergence in markets: COVID cases are rising, but deaths aren't (yet?)
Hope you’re well. Attached above is this week’s edition of FFTT. This report is 12-pages long and is a 14-16 minute read. If you are having trouble logging in, please emal firstname.lastname@example.org for assistance.
>> Perhaps the most important divergence in markets: Coronavirus cases are rising, but deaths aren’t (yet?) <<
* Either COVID deaths are about to follow new reported COVID cases higher, or they aren’t.
* If COVID deaths begin reaccelerating, we suspect the next data series to reaccelerate will be the Fed’s balance sheet.
* Regardless of the path 3q20 takes, the end point for 2020 appears to be the same: With a bigger Fed balance sheet.
Thank you for reading this edition of FFTT. LG
If you are not a current client and would like access to this report, please emal email@example.com for assistance.
Now read on...
Register to sample a report