The economic calendar is extensive with a focus on housing and consumer behavior. Expect market participants to look for any sign that the economic recovery is stalling in the face of the COVID-19 surge and the slower pace of reopening. Unemployment claims data remains an especially important indicator. Second quarter earnings reports, beginning with the big banks, will also provide a closely watched perspective on the economy.
With so many worried about an economic stall it is natural to ask:
Is it time to do some hedging?
This week’s image is from Sportpunter.com, which takes a British, quantitative, and sports perspective on the hedging question. The image suggests that it is not as easy as it might seem.
In my last installment of WTWA, I drew upon the wisdom ofRead More »