Daily Market Commentary

October 19, 2020

Bonds
Treasury prices are near session lows following declines during Asia session and European morning after U.S. House Speaker Pelosi set Tuesday deadline for agreement on fiscal stimulus.

Economy
Global central bankers are under no illusion that they're through the fallout from the coronavirus, issuing fresh warnings about new government restrictions, struggling recoveries and threats to jobs.

World
China's recovery from the coronavirus slump continued in the third quarter and showed signs of broadening in September, keeping the economy on track to be the world's only major growth engine and validating Beijing's aggressive approach to controlling the pandemic.

The information represented herein was obtained from various sources, which we believe to be reliable. Neither the information presented nor opinions expressed constitutes an offer to buy or sell any security. And it is not intended to guide the investor on which securities to buy, or when to buy or sell.

 

 

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