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(1) What We’ve Learned From the US Election (2 min read) A Biden presidency and split congress looks to be the outcome of Tuesday’s US election. I give my take on what this means for fiscal versus monetary policy, and which asset class is likely to benefit.
(Bilal Hafeez│ 5th November, 2020)
(2) Why Has the Indian Rupee Been So Weak? (4 min read) INR has weakened against the dollar in recent months yet most other Asian currencies have strengthened, writes Caroline Grady. She sees this as a result of stepped up intervention with the RBI now prioritizing reviving growth over curbing inflation.
(Caroline Grady │ 5th November, 2020)
(3) RBA Easing Won’t Derail AUD Strength (5 min read) The Australian dollar continues to strengthen despite RBA easing and heightened tensions with China. Reuven Benichou argues that improved BoP dynamics will mean further AUD strength ahead.
(Reuven Benichou│ 5th November, 2020)
(4) An Update on the Global Pandemic (3 min read) With England’s second nationwide lockdown coming into effect Sam van de Schootbrugge reviews the latest global stats on COVID, mobility, stringency and the market correlations. And it’s not good news for European equity markets.
(Sam van de Schootbrugge│ 5th November, 2020)
Ant Group’s Long March (Project Syndicate, 2 min read)
This Is The Textbook Definition Of ‘Late Cycle’ In The Stock Market (The Felder Report, 2 min read)
The MMT Myth (Project Syndicate, 5 min read)
The wage curve across the wealth distribution (VoxEU, 5 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)