Highlight of the Week
Goldman CEO Addresses Jr. Bankers’ Complaints
-“We recognize that people working today face a new set of challenges.”
-Despite the success of home working, the future of work will require balance. There will not be a one-size-fits-all solution for companies creating remote working strategies.
Rate Curves
Rapid Report:
Coronavirus Updates (as of Wednesday Morning)
-COVID-19 has registered 124 million cases and 2.75 million deaths worldwide.
-The US has accounted for over 30.6 million cases and has surpassed 556 k deaths.
-Georgia has surpassed 1 million cases and 18,588 deaths.
Federal Reserve Board Allows Change on Capital Requirements to Expire
-The temporary exclusion of Treasuries and deposits from the Supplementary Leverage Ratio (SLR) calculation was put into place last summer to ease strains noticed in the treasury markets’ functioning. That exclusion expires on March 31st.
-This week the Fed announced that it would not extend this exclusion. Market participants are interpreting this decision as a statement of confidence in the functioning of the treasury markets.
Georgia Opens COVID-19 Vaccine to All Adults
-All Georgians 16+ are eligible to receive COVID-19 vaccines regardless of risk factors, effective Thursday, March 25th.
– Georgians can find vaccines from state and federal-run mass vaccination sites, as well as from local departments, doctor’s offices, and pharmacies.
