ANNOUNCEMENTS

Did Pandemic Reshape Supply Lines? Impact of Inflation on Investors By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group High Costs May Hinder Changes to Supply Lines Pandemic exacerbated disruption of supply lines that began with US-China trade war. A shift in consumer spending during pandemic from goods to services benefited China. … Read More

Understanding Duration in Stocks. Will Bonds Drain Capital From Equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Why Some Stocks Are More Sensitive to Bond Yields High-growth stocks can have long duration, pushing returns further out. Nasdaq is long in duration. Dow, which pays higher dividends, is short in duration. Higher … Read More

Ether-Bitcoin Dynamics and Supply-Side Impact on Gold-Silver Prices By Erik Norland, Senior Economist, CME Group Ether-Bitcoin: Moving in the Same Direction Bitcoin and ether have become more positively correlated. Both fell in 2018, drifted in 2019/2020 before rallying in 2020/2021. Bitcoin supply limited to 21 million coins, ether supply is unlimited. The ratio of ether’s … Read More

Will Stimulus Stoke Inflation? Stocks-Bonds Move in Tandem By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Will $1.9 Trillion Stimulus Be Inflationary? Bond yields began rising even before stimulus was approved. Improved growth, slightly higher inflation possibly priced into bonds. Investors also expected higher Treasuries supply to finance stimulus. Historical core inflation … Read More

Stimulus Plan Could Boost Growth in 2021, Widen Budget Deficit By Blu Putnam, Chief Economist, CME Group The American Rescue Plan US economy could grow by 10% in 2021 with help of stimulus. Growth in Q1, Q2 2021 could be around 10% on annualized basis. Jobs recovery could be less robust as some sectors are … Read More