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Monitoring the COVID-19 Crisis From Space (Sloan Review, 8 min read) Studies show light emissions can successfully quantify local economic activity, local levels of income, and electricity usage. These methods in real-time can track changes in economic activity, monitor conflicts and natural disasters. Impact of COVID on China was noticeable from Jan onwards with these methods even before official lockdown.
Treasury Market Liquidity During the COVID-19 Crisis (Liberty Street Economics, 8 min read) A column compares how market liquidity of Treasury securities in March 2020 with the past fifteen years, (including 2007-09 financial crisis). Current Bid-Ask Spreads were at their widest, order book depth was comparable to 2007-2009 period, price volatility was also higher and so was trading volume.
What the Index of Leading Indicators Tells Us About the 2020 Presidential Election (Angry bear, 2 min read) A column applies econometric to predict 2020 election. In all of the recent head-to-head match-ups with Joe Biden, Trump trails. Current Index of leading Indicators stands at -6.7% – this favours Biden.