Today's Economy Tax Day Changes in U.S. Could Spell Trouble in Muniland Fed move is not enough to guarantee liquidity for all issuers. Fiscal policymakers need to step in. Europe Daily Briefing: Germany Delivers Massive Aid Package The dramatic measures should help stabilize business and consumer confidence. Webinar Replay: COVID-19, Global Recession The spreading virus has created a worldwide economic tsunami that is now hitting the United States and Europe with full force. COVID-19 Renews Interest in Eurobonds The outbreak will promote greater fiscal cooperation in the euro zone but Eurobonds remain unlikely. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, March 23, 2020 Key data will be initial claims, which we forecast to have surged in the latest week to exceed 2.7 million. COVID-19: Global Economic Tsunami More financial pain is quickly coming as layoffs mount, businesses curtail investment, and retirement nest eggs evaporate. Lockdown, Containment and Currency Pressure Across Asia The scales have tipped away from keeping economies functioning and towards coronavirus containment. Latin America Weekly Highlights and Preview, March 20, 2020 Argentina's economy contracted an estimated 1% in the fourth quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada Wholesale Trade Jan. 2020: 1.8% Wholesale sales in Canada increased for a second consecutive month, up 1.8% to C$65.2 billion in January, all but erasing the two months of losses at the close of the year. United States Chicago Fed National Activity Index Feb. 2020: 0.16 The pace of U.S. economic activity ticked up in February. World Moody's Analytics Survey of Business Confidence March 20: 2.8 COVID-19 has undermined global business confidence. » VIEW MORE ECONOMIC INDICATORS |