In line with last month data, While consumption is resuming, we are still a long shot from pre-Covid 19 levels (12% below). That’s when the stimulus package is still providing an effect. June will be the last month with the stimulus package. What can we expect next? Others ways to…
Posts tagged as “covid-19”
While some are prognosticating a greatest depression (and a worldwide recession is a given), the S&P500 and the stock market in general stay steady. A year was lost for the US index, much more on the European side. On the valuation side, the PER is 21 and the Shiller PER…
During the Covid-19, bonds ETF were under a stress and the ETF price started to diverge from the underlying NAV (Net Asset Value). Was the ETF price or the underlying NAV faulty? On the chart below, we can see that volume on TLT trading began to spike on March 6…
Tether is a digital currency that is backed by USD (1 USDT = 1 USD). The narrative around this token is that no one is really convince of the backing. I wrote, a year ago, that stablecoins are the future. Obviously, it has a lot to do with the fall…