GLOBAL MARKET SNAPSHOT  Equity Markets:  Risk sentiment seesawed back on Wednesday as markets rose across Asia, Europe and the Americas. In the U.S., like Monday’s price action, it was small cap value leading while energy (+3.8%) and health care (+0.1%) served

RockCreek COVID-19 Update May 18 – Unfreezing When the snow melts after a huge storm, who knows what may be uncovered? The US economy is now reopening – unevenly but unmistakably. April may have marked the low point for the

GLOBAL MARKET SNAPSHOT  Equity Markets:  Markets came out of the gate hot this week as risk was on across the board. Investor sentiment was given a boost by positive early results from Moderna’s coronavirus vaccine trial, promising data on new infections

RockCreek COVID-19 Update May 11 – The Big Divide Markets – now up over 30% since the March trough – are looking through the worst economic data since the Great Depression, to the other side of the health crisis. Getting

By: Laura Tyson, RockCreek Senior Advisor This article was originally published in Project Syndicate on May 7, 2020.  BERKELEY – The COVID-19 pandemic has catapulted federalism to the top of the political agenda in America. Confronted with the glaring lack of leadership from the Trump