20201027 -GM Daily: Necessity is the mother of invention

Published: Oct. 27, 2020, 7:24 a.m.

Two days in a row the US has recorded new covid-19 cases at over 80,000 people – a significant spike after the recent low, on 10 September, of just over 23,000 new infections. Alongside the rising infection rates in Europe, and rapidly decreasing probability of a US stimulus deal before the US elections (next week), markets have turned quite strongly negative. See omnystudio.com/listener for privacy information.