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US households just had their biggest quarterly surge in net wealth in history and now it's above pre-crisis peaks

00:01 - 23/09/20

 

 

Almost 90% of Americans think the US government needs to pass a new stimulus package to mitigate the fallout from the coronavirus pandemic, showing increasing pessimism about the future of the economy, says our new poll

 

 

S&P: During the third quarter, the number of U.S. speculative-grade corporate downgrades continued to level off, along with a smattering of upgrades

 

 

S&P: Down But Not Out: Insurers’ Capital Buffers Are Proving Resilient In The Face Of COVID-19 – Asset stresses represented 4%-7% of starting total adjusted capital on average, with equity stress the single most significant

 

 

South Korea’s early trade data showed exports rebounding in September, buoyed by more work days and growing demand for cars and semiconductors from economies gradually reopening

 

 

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