Calls for new stimulus as recovery fizzles
Governments are trying to calibrate their policies to support growth as “fiscal cliffs” loom amid a resurgence in the virus.
Governments are trying to calibrate their policies to support growth as “fiscal cliffs” loom amid a resurgence in the virus.
U.S. election politics are playing out against a backdrop of an easing recovery, rising COVID-19 cases, and a potential new vaccine.
The recovery in the municipal bond market continued in the third quarter as munis outpaced U.S. Treasuries and the broader taxable bond market.
China is leading the economic recovery among emerging-market countries, buoyed by stimulus and stringent COVID-19 measures.
Fiscal and monetary policies will be central to the economic recovery between now and the availability of a COVID-19 vaccine.
Fiscal policy will be a key focus for investors after the November election.
The development of a vaccine will play a role in shaping the global economic comeback in 2021.
Prime Minister Shinzo Abe’s resignation raises questions about the future of Abenomics and reform in Japan.
Municipal bond funds rebounded in the second quarter as investors returned to asset classes they abandoned early in the pandemic.