The US fiscal deficit in 2020 may come in twice the size of that of Euro Area according to @natixis forecasts. That is a HUGE difference and will, no doubt, show up in macro performance.
thedailyshot.com/2020/12/01/hig… https://t.co/gMuSc3RqI8
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from