Today's topics include talkin' markets, more on yesterday's cpi release, looking beyond the December FOMC meeting, the pros and cons of tariffs, Pimco offers thoughts on lowering the deficit, insider selling, the housing market for first-time buyers, BoJ expected to keep rates steady next week, and the world's oldest bond turns 400
Inflation data came in right at expectations for the second month in a row. Fed funds traders are now fully pricing in a December rate cut.
Today's topics include more on the dollar, revisiting the characteristics of an asset bubble, private equity FOMO, cost of labor revised lower, are markets or analysts right on volatility & risks?, what CPI means for Fed's December plans, reverse repo, global debt concerns, a long-term look at slowing global growth, structured products volume rising is a sign of more risky bets, ranking economies in 2024, and thought experiment on AI & monetary policy
It's no secret that equity valuations are stretched. What do high past returns and expensive valuations tell us about future returns?
Today's topics include
pic.twitter.com/joR01sw6ZJ — Peter R Hann Goldbug Weirdo/Silver Affectionado (@PeterRHann1) December 6, 2024
Today's topics include timing the end of QT, next week's FOMC meeting, a sobering note on interest costs from Jeff Gundlach, Trump plans to keep Powell around, grey swans, politics & interest rates, the stock market is still highly concentrated, active ETFs, and bitcoin ETF flows
Jim Bianco joins Bloomberg to discuss the Federal Reserve, Payrolls Report & Bond Market with Jonathan Ferro, Annmarie Hordern & Dani Burger.
Hurricanes and strikes led to an extremely low response rate to the payrolls survey in October. After an additional month to collect data, the response rate is now 92%. While this led to a small positive revision to October employment data, the market was expecting a larger bump.