#Housing | U.S. 30-Year Mortgage Rates Fell To A Record Lowhttps://t.co/wQYImXb40g
— Christophe Barraud (@C_Barraud) December 25, 2020
Under current law, total personal income will be 2% above pre-pandemic levels next quarter — about enough to keep pace with inflation.
The combination of checks, unemployment, and other benefits will boost it to 13% above pre-pandemic levels. pic.twitter.com/BEifGWZOPn
— Marc Goldwein (@MarcGoldwein) December 24, 2020
Christmas Eve Brexit deal is 2nd-worst outcome: UK govt will have to weigh future decisions to relax standards against risk of EU retaliation, which could mean tariffs. That threat in itself will deter investment. Even w/deal, this will lower UK GDP by ~4% https://t.co/LtiLux7s9L pic.twitter.com/l08KlhA3ez
— Holger Zschaepitz (@Schuldensuehner) December 25, 2020
Since 2010, Argentina's GDP has fallen 6% (black), while Brazil's GDP is down 1% (blue). A decade of stagnation at a time when Fed QE programs were pushing record capital flows to EM. More debt & easy monetary policy don't bring growth. Only deep structural reform will do that… pic.twitter.com/FNt5EOuTHk
— Robin Brooks (@RobinBrooksIIF) December 25, 2020
Passive investments tied to the S&P 500 made money this year, but missed out on the massive gains of Tesla, Moderna and Zoom. And 2020 proved to be the year the great advance of passive at the expense of active stalled. Will it continue? https://t.co/vJorBMqJ3x via @bopinion pic.twitter.com/YMmRFRf500
— John Authers (@johnauthers) December 24, 2020