EXCHANGE CORNER

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

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

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

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