EXCHANGE CORNER

Russell 2000 bounces back and Russia’s rate cuts By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Hard-Hit Russell 2000 Bounces Back Small-cap Russell 2000 fell the hardest among equity indices. Indices hit bottom on March 23 after fiscal, monetary policy proposals. US-focused Russell 2000 has rebounded better than large-cap indices. Could … Read More

Data anomalies and volatility recedes but still high in some markets By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Data Anomalies Loss of millions of jobs distorts index of hourly wages. Index jumped to 8% inflation rate from 3% earlier in 2020. Savings rate soared from 8% to 33% during pandemic … Read More

View in your browser New white paper available US Economy: Unemployment, Policy, Debt, Rates, and Possible Inflation Read our newest white paper co-written by Chief Economist Blu Putnam and Senior Economist Erik Norland as they analyze how Covid-19 disrupted the US economy and its future implications. Read white paper US Policy Responses to Economic DistressIn … Read More

A New Era in Productivity and Mexico Has Room For More Rate Cuts By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group A New Era of Efficiencies and Innovation? Working from home has led to increased labor productivity. Supply chains could be reshaped to be closer to consumers. Companies could see heightened … Read More

Negative rates and Europe’s stable FX, bond markets By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group Negative Rates: Four Real World Experiences Sluggish growth, low inflation led to adoption of negative rates. Four central banks, including ECB and BoJ, cut rates below zero. The goal was to increase credit flow, exports, … Read More