Global Overview Rising Rates are After Stocks Stocks have dropped due to a sudden surge in interest rates, as bonds attractiveness increases for investors. The yield on 10-year Treasury debtjumped to 1.31% which is associated with the White House’s intention of increasing government spending in order to support the economy while risking to create stronger …
Category Archives: Insights
JC Weekly Brief – 15th February, 2021
Global Overview The Worst GDP Slump in 300 years Bank of England has reported the largest UK economic slump in more than 300 years. The economy has plummeted by 9.9% in 2020 amid the global pandemic and is more than double of GDP shrinkage that has occurred during the financial crises of 2009. As BOE …
JC Weekly Brief – 8th February, 2021
Global Overview Battle for Stimulus As the debate on $1.9 trillion package intensifies, members of the Biden administration are preparing to weigh in on various specifics including direct payments and earning thresholds. Democrats have unveiled a new proposal of $3,000-per-child direct benefit, which is viewed as a defining feature of Biden’s economic agenda. If congress …
JC Weekly Brief – 1st February, 2021
Global Overview Regulators vs. Volatility Treasury Secretary Janet Yellen has initiated a meeting with U.S. financial markets regulators amid recent market volatility. The Treasury Department is seeking to identify potential misconduct and question brokerages’ decision to halt trading for retail investors. It is not clear whether any policy moves will be implemented in foreseeable future, …
