COVID | Equities | Monetary Policy & Inflation | US
US equities capture the mood of investors well. We saw equities collapse 35% over four weeks from late February, then a 25% rally from late March until now. If the collapse reflected the shock of COVID unknowns, then the rally reflects unknowns becoming knowns. The three critical new knowns are:
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.