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"In the first six months of 2021, U.S. municipal bond funds attracted an estimated $56.9 billion in net new money—the most for any first half of the year going back to 1992, according to data from Refinitiv Lipper." – WSJ

00:01 - 22/07/21

DB: The CoTD contrasts this US recovery and the post-GFC one though both saw similar big slumps in activity. Is this a new cycle or continuation of last after a COVID hibernation? The answer gives clues on its length, future Fed activity, and inflation.

U.K. businesses are hit by a surge in workers being asked to self-isolate after alerts from the country's Covid-19 app

After a 59% decline, the price of Lumber is now down on the year. It was up over 130% in early May