Saturday, August 15, 2020

Howard Marks' Latest Memo Reviews the Market's Amazing Recovery and Asks if the Fed Can Keep it Going? (Ans: Maybe)

The full memo is here, but a good summary at BI. Also annualized QoQ GDP% measure is complicated and meaningless.


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History: NYC Elects Zohran Mamdani!

A historic night: Mamdani to become the first Muslim mayor of NYC, the youngest mayor in over 100 years (at 34 years old), in election with ...