Around the country main central trade districts in towns like Los Angeles, Chicago, and Seattle stay eerily empty as employers proceed to stay group of workers operating remotely. Heading into the vacations, only 1 in 10 office workers had made their way back into Manhattan.

However is the disruption brought about by way of the pandemic—and the work at home increase—in fact convincing American citizens to pack their baggage and transfer?

To determine, Fortune and SurveyMonkey polled 2,098 U.S. adults in November.* This ballot, which has a modeled error estimate of +/-3%, is an excellent deeper find out about than our August look at migration. 

The discovering? Thousands and thousands of American citizens moved on account of the pandemic—and hundreds of thousands extra plan to take action. Amongst U.S. adults, 16% say they have got both moved out in their metropolis/county all through the pandemic (6%) or plan … Read More

The vaccine rollout and incoming Democratic management has Wall Boulevard feeling beautiful darn positive: Goldman Sachs is even going as far to project 2021 GDP growth of over 6%—which, if it happened, will be the highest growth rate since 1984.

However don’t pencil it in simply but. Glance no additional than the roles document on Friday, which found that the nation lost 140,000 jobs in December—our first web process loss since April.

To maintain an financial restoration, it calls for greater than only a assured Wall Boulevard. Major Boulevard, or American shoppers who make up two-thirds of GDP, would additionally want to really feel assured sufficient to spend on big-ticket pieces and take dangers. To get a pulse on how American citizens are feeling, Fortune analyzed knowledge from extra 30 surveys carried out because the onset of the disaster by way of Civis Analytics.

We discovered that … Read More

For the previous decade, global economists and scores companies had been blaming Italy’s gigantic debt load for making the country probably the most worrisome basket case amongst Europe’s main economies. That burden is so heavy that Italy can handiest trap buyers to shop for its bonds by way of paying charges 2.5% upper than the ones of fiscally prudent Germany. Its economic system advances at this kind of slow tempo in excellent instances––a paltry 0.8% on reasonable from 2014 to 2019––that Italy can’t generate features in tax revenues sufficiently big to compare the increasing trajectory in executive spending, that means that its deficits and borrowing are destined to stay increasing until it enacts a critical austerity program to curb expenditures.

Professionals have lengthy feared that the burden of that ever-rising mountain of euros is so nice just a Greece-like bailout can stay Italy from exiting the average forex. In the … Read More

This is the web version of the Bull Sheet, Fortune’s no-BS daily newsletter on the markets. Sign up to receive it in your inbox here.

Good morning, Bull Sheeters. Stocks and futures are little changed on Thursday despite reports the incoming Biden administration is planning a fresh round of stimulus spending, this one carrying a $2 trillion price tag. Robinhood traders, you’re in luck. The proposal reportedly includes $2,000 stimulus checks, which would buy you a decent fractional share of Bitcoin.

The other big news out of Washington—Impeachment 2.0—did little to ruffle markets yesterday. Yes, the Dow fell in the last half-hour of trade, coinciding with the historic “insurrection” vote, but the real test comes in the Senate—whenever that may be.

Let’s see what’s moving markets.

Markets update

Asia

• The major Asia indexes are mixed in afternoon trading, with Japan’s Nikkei up 0.8%.
• China reported its first