EXCHANGE CORNER

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

Will Virus Cap Q4 Growth? By Blu Putnam, Chief Economist, CME Group Highlights Atlanta Fed estimates Q4 growth at just under 3%. Air traffic, restaurant dining declined in November, December. Credit card spending has slowed as stimulus payments run out. Could loss in momentum result in negative Q4 growth? Watch video

Fixing an uneven recovery and gold-silver price gap narrows By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Fixing an Uneven Recovery Central banks might not be equipped to help specific sectors. Near-zero rates, quantitative easing designed to lift overall economy. Fiscal stimulus can provide targeted assistance to ailing industries. Job-creation programs … Read More

Equities excel and central banks curb volatility By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Equities Excel in November Investments moving into domestic stocks on sector rotation. Russell 2000 a target of the shift amid optimism over economy. Janet Yellen’s nomination as Treasury Secretary bolsters stocks. Expectations for fiscal stimulus to … Read More

Oil: At the crossroads of supply and demand By Erik Norland, Senior Economist, CME Group Oil: Supply-Demand Dynamics as Vaccines Emerge Growth in US, Europe, and Japan lag pre-pandemic levels; China improves. Oil demand could rebound as vaccines become available, boost travel. Fiscal support is needed to bolster consumer spending in 2021. Could escalating COVID-19 cases … Read More