Conference Call
You’re Only as Good as Your Weakest Assumption
August 26, 2024
A replay of our August 29, 2024 conference call.
A replay of our August 29, 2024 conference call.
At Jackson Hole Chairman Powell said, "The time has come" to start cutting rates. He expressed concern about the labor market. However, the labor market has undergone epic changes post-pandemic, and interpreting its data is very complicated. A credible case can be made that the labor market is still robust, and stimulating the economy could produce more inflation.
Today's topics include reviewing Powell's Jackson Hole speech, inflation by income deciles, in search of neutral, central banks' safety net, a tipping point for the Beveridge Curve?, the carry trade lives on, making the case for emerging markets, and an eye on shipping rates
Jim Bianco joins Fox Business to discuss Fed Chairman Powell’s Speech, the Economy & Labor Market with Charles Payne.
Jim Bianco joins CNBC to recap Chairman Powell’s Speech and the Economy with Sara Eisen and Carl Quintanilla.
Today's topics include breaking down the reasons for rising unemployment, does the Fed need to cut rates?, the full Jackson Hole schedule, market implications for Jackson Hole, timing the rate cuts, Treasury policy as a form of stimulus, the shift to deglobalization, and the BoJ probably isn't done hiking rates
With four years of issuance to analyze, the 20-year bond has proven to be an expensive form of debt for the U.S. taxpayer.
The NFIB Small Business Uncertainty Index is at a level rarely seen over the past five decades.
Homebuyers enjoyed a relatively affordable market in the decade following the housing crash. The recent rise in prices and mortgage rates put homeownership out of reach for many prospective first-time buyers.
The current deficit and spending is consistent with prior recessionary levels.