We continue to worry – a lot – about how US small business will recover from the COVID Crisis, primarily because of this segment’s impact on the American labor market. According…
Category: Blog
1% Days – Volatility Starts At The Beltway
The S&P 500 has moved +1% up or down on 57% of trading days so far this year. That’s our fundamental benchmark of how much investors “feel” volatility, as any one-day…
How Uncertainty Moves Stock Prices
Sometimes the easier path to solving a complex problem is to analyze a parallel question instead. A prosaic example: when considering the purchase of a car or other expensive item I…
National COVID Health Policy and Stock Returns
We’ve been spending a lot of time in the “Disruption” section of our reports looking at how different European countries have been managing their economic restarts; today in “Data” we…
Driving Mom Around NYC, Restarts Around the World
On Saturday I (Nick) took my 92-year-old mother on a drive around Manhattan so she could see how quiet the city is just now. Her doctor said it was ok as…
College-Educated Worker Unemployment
Today we want to focus on US unemployment rates for 4-year college educated workers, and here’s why: their joblessness last month hit levels much higher than the Great Recession. Yes, lockdown-related…