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
Growth Challenge in Aging China and Rising Bond Yields
Bonds Collide with Mortgages and Aging China’s Growth Challenge By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Rising Bond Yields Rising bond yields impact equities, dollar and metals. Yields rose as vaccines, high savings rate boosted growth outlook. Mortgage prepayments by homeowners surged when rates were low. Prepayments led to hedging … Read More
Oil Inventories and Jobs Recovery Scenarios
US Jobs Scenario in Three Sectors and Backwardation in Oil By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Pandemic’s Possible Impact on Three Sectors Only 56% percent of jobs lost to pandemic have been recovered. State/local government revenues stressed like during the Great Recession. Innovation has reduced education costs through online … Read More
Discover our latest educational offerings ‒ including Ether futures
Educational update: February 2021 Introducing Ether futures Along with the launch of Ether futures, we have a number of new education updates to share this month. Join one or more of our upcoming webinars, featuring Micro E-mini futures and options, Foreign Exchange futures, and options strategies. Don’t have time to join a live session? Recently … Read More
What will the rest of 2021 bring for the markets?
2021 Economic Outlook Webinar Featuring Blu Putnam The past year was unprecedented ‒ the year defined by the COVID-19 pandemic. The global economy is not going back to pre-pandemic norms, according to one of our economists. Instead, certain trends have been accelerated, new policies are coming, and the world order is shifting. Markets will have many cross … Read More