Briefings

Archive August 2020

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Week InAdvance: August 31, 2020

Mon Aug 31 U.K. summer bank holiday. | Wed Sep 2 Beige Book. | Thu Sep 3 BoE guv in DC to speak about cryptocurrencies. | Fri Sep 4 Financial Stability Board TBTF workshop.
 
Global governments are still walking a tightrope between easing coronavirus lockdowns to revive economic growth, and controlling any resurgence of Covid-19. Globally, more than 24 million people have been infected with the virus, and deaths have exceeded 820,000.
 
Hong Kong has been successful in driving back a new wave, and plans to test the entire population for Covid-19. South Korea, Italy and France are reporting the most new daily infections in months. Japan, Germany and Greece are also seeing increases, while India is struggling with a record spike. And then there’s Brazil, which is moving forward with reopening regardless of high virus infection rates. Spain has rejected new lockdowns despite its reemergence as the center of the European pandemic.
 

Week InReview: August 28, 2020

#wfh | Five months later.
 
According to a Buddhist priest from Oregon who meditates twice daily — and then for a full week every month, the key to avoiding burnout is to “get in touch with the aspect of ourselves that is not burnt out and cannot be burnt out.” 
 
— Bloomberg Businessweek

Week InAdvance: August 24, 2020

Mon Aug 24 A week of G20 virtual meetings. | Wed Aug 26 SEC vote on updated accredited investor definition. | Thu Aug 27 A virtual Jackson Hole this year.
 
Global governments are still walking a tightrope between easing coronavirus lockdowns to revive economic growth, and controlling any resurgence of Covid-19. Some countries are reporting a surge in new cases, even after halting the virus last spring.
 
New York will reopen gyms and NYC museums, with capacity limits; the U.K. will begin sending Covid-19 contract tracers door to door. Germany has ruled out any further easing of coronavirus restrictions after a recent surge in new cases, while Greece and Ireland have moved to tighten lockdown rules. South Korea banned large gatherings in Seoul to halt an infection flareup there.

Week InReview: August 21, 2020

Week InReview
Friday | Aug 21, 2020
 
How to hold a safe in-person meeting
Get Smart - Cone of Silence (from episode 1)
 
Video of the Week
The 'Get Smart' Cone of Silence

Week InAdvance: August 17, 2020

Tue Aug 18 6th round of Brexit trade talks. | Wed Aug 19 OPEC+ online meeting. FOMC minutes. | Thu Aug 20 ECB July minutes.
 
Global governments are still walking a tightrope between easing coronavirus lockdowns to revive economic growth, and attempting to control any resurgence of Covid-19. Governments that raced to the rescue as the pandemic hit their economies now also face the dilemma of whether to extend their massive bailouts of businesses and labor markets.
 
New York City, the largest U.S. school system, decided schools can re-open in September, defying the trend toward remote learning. Australia’s Victoria state had its deadliest day and New Zealand put its biggest city, Auckland, back in lockdown. Russia registered its first coronavirus vaccine, to some skepticism, and plans mass inoculation this month before clinical testing is complete.

Week InReview: August 14, 2020

Be kind.
An excellent coping skill for the Covid-19 era.
 
It’s a good thing to make another person feel good. But being kind – doing something to help someone else – can help you, too. Research links kindness to a wealth of physical and emotional benefits. Studies show that when people are kind, they have lower levels of stress hormones and their fight-or-flight response calms down. They’re less depressed, less lonely and happier. They have better cardiovascular health and live longer. They may be physically stronger. They’re more popular. And a soon-to-be published study found that they may even be considered better looking.
 
— The Wall Street Journal

Week InAdvance: August 10, 2020

Mon Aug 10 NPC continues in Beijing. | Tue Aug 11 Perseids meteor shower. | Wed Aug 12 BIS Covid webcast. | Thu Aug 13 SEC & MSRB outreach program for muni advisors. | Fri Aug 14 SEC's Form 13F due.
 
Many governments are further easing coronavirus lockdowns and travel restrictions to revive economic growth, while attempting to control any resurgence of Covid-19. Some, like Melbourne, Australia, are going in reverse as the grim reality of a prolonged pandemic remains a threat. The global death toll from Covid-19 has surpassed 700,000. A key Japanese minister warned a major new virus wave is coming.

Week InReview: August 7, 2020

Not all face masks are created equal.
 
Face masks are a simple way to help prevent the spread of Covid-19 through talking, coughing or sneezing. But they need to be worn properly. While some types of masks are more effective than others, any face covering — even a bandana — is better than nothing. Here’s how different types of masks stack up, and how they are meant to be used.
 
— The Wall Street Journal

Week InAdvance: August 3, 2020

Mon Aug 3 Canada markets closed for civic holiday. | Tue Aug 4 Aspen Security Forum. | Wed Aug 5 SEC vote on requiring funds to revamp shareholder reports. | Thu Aug 6 SEACEN event in Kuala Lumpur. | Fri Aug 7 U.S. employment situation.
 
Many governments are cautiously easing Covid-19 lockdowns and travel restrictions to revive economic growth, while attempting to control any resurgence of the coronavirus; some are going in reverse. It’s all about the masks now. McDonald’s will require customers to wear face coverings in all of its U.S. restaurants starting Aug. 1. Major League Baseball’s new season may be in jeopardy after a raging outbreak among Miami Marlins players. Officials in Hong Kong have imposed their strictest restrictions yet after easing guidelines over the past month. Russia will begin phase 3 trials on thousands of people for a vaccine against Covid-19.

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