(1) Charts To Give Thanks For In 2020 (3 min read) I continue the Macro Hive tradition of upbeat charts for Thanksgiving. It seems particularly important this year given months of COVID gloom.
(Bilal Hafeez│ 25th November, 2020)
(2) Ongoing COVID-19 Surge To Have Limited Economic Impact (3 min read) And with Thanksgiving tomorrow, we bring forward Dominique Dwor-Frecaut’s usual Thursday analysis to today. This week she argues that the latest US COVID surge will have only a limited impact given the economy is now ‘pandemic proofed’.
(Dominique Dwor-Frecaut│ 25th November, 2020)
(1) FX stability At Risk From Mounting EM Debt (5 min read) In this week’s Deep Dive, Sam van de Schootbrugge summarises a new Ken Rogoff NBER working paper. It looks into declining exchange rate volatility and whether the trend will persist post-pandemic.
(Sam van de Schootbrugge│ 25th November, 2020)
‘Low for Long’ and Risk-Taking (IMF, 22 page read)
Stablecoins: Potential, Risks and Regulation (BIS, 23 page read)
Financial Conditions and Economic Activity: Insights from Machine Learning (FEDS, 21 page read)
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