Latest Work: US Industry response to COVID-19 Outbreak

I am presenting my work on the Industry Respose to the COVID-19 pandemic on June 17, 2020 at the Silicon Prairie Finance Conference. You may register to this event here: Registration Link.

How are US industries responding to the current COVID-19 pandemic?

Tip: Choose which industries you wish to display (by clicking on the line next to industry name).

The Equity Term Structure inverted in mid-March 2020 after the US declared national emergency:
 EquityTerm Structure
Finding: Industries with the highest level of cash-flow risk perform the worst

Find more details [here] and download the preliminary version of a working paper [here].