<Click on graphic for larger image> Bloomberg Briefs – Who’s Who in the Fed’s Updated Interest-Rate Dot Plot Knowing who’s who in the Federal Reserve’s dot plot of interest-rate projections can provide guidance about the future path of monetary policy. For example, while a cursory inspection of the dot plot in December gave the impression… Continue reading About The Fed’s Dots
<Click on graphic for larger image> Bloomberg.com – Yellen Will Meet 2% Inflation Goal Judging by Treasury Yields U.S. yields show traders see 2% inflation over the next year Rising oil removes a factor holding Fed back, Nomura says The Treasury market is signaling inflation expectations are rising, and one metric shows traders anticipate price… Continue reading Will The Fed Get The Inflation It Wants?
The Wall Street Journal – Greg Ip: The Time and Place for ‘Helicopter Money’ The promise of monetizing the debt is often too good to be true. That doesn’t mean it ought to be taboo With fiscal and monetary policy reaching their limits, the search for new solutions to the world’s low-growth, low inflation rut… Continue reading Everyone’s Talking About Helicopter Money!
<Click on graphic for larger image> Bloomberg.com – Technical Analysts Are Warning That This Stock Rally Is Not Going to Last UBS AG warns clients to take profits now. U.S. stocks are up a stunning 12 percent from their February depths, yet plenty of doubts persist about the strength of the recent rally. Some have… Continue reading Is The Market Overbought?
<Click on chart for larger image> Reuters – Trump, Clinton win big in Arizona, but Cruz, Sanders show fight A deal among some OPEC producers and Russia to freeze production is perhaps “meaningless” as Saudi Arabia is the only country with the ability to increase output, a senior executive from the International Energy Agency (IEA)… Continue reading Election Betting After Arizona and Utah
<Click on graphic for larger image> Bloomberg.com – Junk Bond Traders Are Really Oil Traders Now as Markets Converge Record-high correlation between non-energy junk bonds and oil Investors may not be focusing enough on risks, BofA says Share on Twitter Share on LinkedIn Share on Reddit Share on Google+ E-mail The fortunes of junk-bond traders… Continue reading Junk Versus Oil, What’s The Difference?
<Click on graphic for larger image> Bloomberg Briefs – Here’s How Much Global Demand Has Contributed to the Oil Rally: Just $2 The study Hamilton did in 2014 explained, without any knowledge of the production side of the oil market, the decline of oil from $107 a barrel to $85 a barrel. To do this… Continue reading How Oil Demand Affects Prices
<Click on graphic for larger image> The Financial Times – US oil shipments ease despite demise of export ban The US government abolished 40-year-old constraints on crude oil exports in December. But since that historic move, less — not more — American oil has been put on ships headed abroad. Volumes of US crude exported… Continue reading More On Crude Oil
Reuters – Exclusive: China central bank to Fed: A little help, please? Confronted with a plunge in its stock markets last year, China’s central bank swiftly reached out to the U.S. Federal Reserve, asking it to share its play book for dealing with Wall Street’s “Black Monday” crash of 1987. The request came in a… Continue reading Chinese Monetary Policy
<Click on chart for larger image> Bloomberg.com – Half of World Stocks Embrace Bull Market on Fed-Fueled Rally Twenty-eight markets rise at least 20% from bear-market lows Gains sustainable if earnings estimates rise, Barclays says Among the world’s 63 major stock indexes, 28 with a combined value of $28.5 trillion are in bull markets. Another… Continue reading World Stock Prices
<Click on graphic for larger image> Bloomberg.com – Syrians Accused of Computer Hack That Prompted Stock Drop Prosecutors say three men are part of Syrian Electronic Army Hijacked Twitter feed sent Dow average down 143 points Three Syrian men have been charged with launching high-profile cyber-attacks on U.S. institutions, including one incident that sent the… Continue reading Hackers Causing a Tweet Crash
The Financial Times – Stephen King: What can be done about the global economic slow puncture? The world economy is suffering from a slow puncture. Nominal economic activity — the value of gross domestic product, not just its volume — is persistently lower than expected. Despite huge amounts of monetary stimulus, both conventional and, increasingly,… Continue reading Global Growth