Macro News
Global: We are currently entering a phase of extremely weak economic fundamentals with all developed economies experiencing the weirdest and highest rate of change in all the indexes’ history. For instance, we saw that US initial claims jumped to 3.28 million in the week ended March 21st amid growing uncertainty over COVID-19, after closing to a half-century low in the previous weeks. Even though participants are currently rushing to buy the dip in markets as equities are currently offering an interesting risk premia, we would stay vigilant in the coming weeks and