Thoughts – Insights

1. US Jobs (Friday) Last month’s jobs number was so outrageously awful that it’s been shrugged off. Another disappointment would be similarly discounted as a data collection aberration. The reopening reflation narrative is strong, clung to even as the velocity of people remains impaired. Political imperatives will keep borders up; the virus will continue to…

Business investment Morgan Stanley, Oxford Economics and IHS Markit think American capital spending by companies (capex) is set to soar (chart below), certainly in an historical context as gross domestic business investment as a share of GDP has been sluggish since the early 1980s. Executives of S&P 500 companies are the most bullish about capex…

New DUP leader Poots: ‘Our institutions are not a bargaining chip in our campaign to get rid of the protocol. The guaranteed way of ridding ourselves of the divisive protocol is through the Assembly’ Pets at Home revenues surpass £1bn for first time as 3.2m households bought a pet during lockdown

Fed Quarles said “if my expectations…are borne out…it will become important…to begin discussing our plans to adjust the pace of asset purchases” Tesla in talks to pay . . . To read this article, please log in or sign up to one of our subscription packages. LOG IN SUBSCRIBE

The Best Senators Money Can Buy A highly controversial election, a 50-50 Senate, and a new party in the White House. Sound familiar? That was the picture this time two decades ago, when a razor-thin election saw George W Bush claim victory under extraordinary circumstances and the Senate was split perfectly down the middle. Despite…