<Click on chart for larger image> 24/7 Wall Street – Want to Know How Many Rate Hikes This Year? Watch the Dollar … Why not? Because comments from Fed officials seem to range from two hikes this year to four, which puts the total from between 0.5% and a full 1%. Either way, it’s not… Continue reading The Dollar And Rate Hikes
<Click on graphic for larger image> Bloomberg Business – The Coming Default Wave Is Shaping Up to Be Among Most Painful Losses on defaults are growing higher as leverage rises Bond prices may not reflect the trouble that’s brewing When the next corporate default wave comes, it could hurt investors more than they expect. Losses… Continue reading The Coming Default Wave
<Click on chart for larger image> The Telegraph – China jitters could trigger global market bloodbath, IMF warns Jitters over the health of the Chinese economy could trigger a bloodbath on financial markets if a hard landing materialises, the International Monetary Fund has warned. The IMF said policy choices in the world’s second largest economy… Continue reading China
CNBC – Ackman to face investor grilling after record quarterly loss Billionaire investor William Ackman is set to face close questioning on Wednesday when he details his hedge fund’s biggest-ever quarterly loss and explains how he plans to handle the investment that led to the fall – Valeant Pharmaceuticals International. Ackman’s Pershing Square Capital Management… Continue reading Ackman To Explain Losses
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Comment On Thursday, April 7, 2016 at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 BST), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Join us Thursday as we discuss what is next for the markets, central banks, the economy and the… Continue reading What’s Next For The Markets?
The Wall Street Journal – Donald Trump’s Path to Clinching GOP Nomination Narrows Trailing in Wisconsin polls, GOP front-runner faces an increasingly difficult delegate fight A loss in Wisconsin’s primary Tuesday would make Donald Trump’s path to clinching the Republican presidential nomination before the party’s July convention increasingly narrow. Mr. Trump must capture two-thirds of… Continue reading Will Wisconsin Be Trump’s Waterloo? Will New York Be Hillary’s?
<Click on chart for larger image> Bloomberg Business – Fed’s U.S. Labor Market Conditions Index Shows Weakness: Chart The Labor Market Conditions Index being released by the Federal Reserve Monday condenses 19 different labor data points, including payrolls and unemployment, into an index that correlates strongly with the economic business cycle. Last month, the index… Continue reading Labor Conditions
<Click on graphic for larger image> CNBC – Stock pickers just had their worst quarter ever Much of the past decade has been rough for active fund managers, but 2016 hasn’t been just bad, it’s been history-making bad. Fewer than 1 in 5 large-cap funds beat the S&P 500, the lowest level since at least… Continue reading Active Managers’ Disastrous Quarter
Reuters – Oil glut up close: How Cushing copes with full crude tanks From the air above this small Oklahoma town, the 300 steel oil storage tanks that dot the landscape appear filled to the brim, their floating lids bobbing atop more than 65 millions of barrels of oil. There may be no better place… Continue reading The Oil Glut
The Financial Times – US earnings season: what to watch for in charts US equities may have staged a fierce comeback in the first quarter, but the same cannot be said for corporate profits, which analysts reckon remained lodged in a recession. Earnings of companies listed on the S&P 500, an index of large-cap US… Continue reading Earnings
Bloomberg.com – Time Is Running Out (Again) for Greece The Greek economy is still in desperate trouble, and yet another crisis is looming. If it happens, this could set back hopes of recovery across much of Europe. The last emergency won’t soon be forgotten — yet nothing is being done to avoid a rerun. The latest… Continue reading GRexit (not BRexit) Again!