We continue to track traffic congestion around the world as a real-time measure of COVID-19’s impact on the global economy. This weekend’s data shows how the virus is affecting consumer demand, in comparison to weekday volumes that...
DataTrek’s Nick Colas was on Bloomberg Radio discussing whether investors should be buying the dips during this volatile market environment. Listen here on...
Written the evening of 3/5/2020: Outside of the Treasury market, oil prices have been one of the more reliable coalmine canaries when it comes to equity market returns in recent years: West Texas Intermediate prices swooned 31% in October/November...
Out with “tariffs” and in with two new reasons for US business uncertainty: the coronavirus and US presidential election. That’s the upshot of the Federal Reserve’s latest Beige Book out today. Regular readers know we always review this...
Nick Colas was on Reuters TV discussing why markets haven’t been volatile enough to indicate a bottom for US equities. Watch it...
The NY Fed’s research staff has a real knack for finding unexpected nuggets that frame US equity market behavior. Back in 2011, for example, they found that essentially 100% of S&P 500 returns from 1994 to 2011 came in the 3 days around...
