Today's topics include previewing tomorrow's payrolls report, coordinated global policy, loose financial conditions outweigh global tensions for now, oil supply & demand amidst Iranian tensions, asset allocation during Fed easing cycles, U.S. population shifting to the South & West, Dudley gives up on hard landing prediction, a $1.4 trillion Chinese bazooka?, and the dockworkers' strike.
Today's topics include talkin' no landing, will China's stimulus prove effective over the long run?, stop looking for a return to QE-era rates, crude oil's response to Middle East tensions, a line in the sand at $50 crude oil, the strategic petroleum reserve, a housing supercycle, and trading election volatility.
Chinese stocks benefit from stimulus, while gold's great year continues.
Today's topics include Powell pushes back on another 50 basis point cut in 2024, the $5 billion per day strike begins today, tracking the rally in Treasuries, the 60/40 portfolio, Chinese stock market continues powering forward, the Fed sets pace for other central bank actions, measuring liquidity, if the US is heading for recession...someone tell the consumer, and Japan economy gives BoJ path to more hikes
Today's topics include yet another stimulus bazooka from China, the reason for rate cuts matters, viewing the 50 basis point cut as an insurance policy, when will savers move away from money market funds?, renting vs. buying, the IPO market, a cost-benefit analysis on immigration, and government spending
As the Fed begins its rate-cutting cycle, we check in on stock market valuations.
Assets in money market funds recently rose to $6.4 trillion. Do not expect this cash to be deployed in risk assets anytime soon.
Today's topics include soft landing hopes with lower rates, the Fed's messaging problem causes confusion on path ahead for rates, why are rates rising after Fed cut?, deconstructing the continuing rally, eyes on the coming dock worker strike, new economic data has meaning in markets now, watching repo rates for QT issues, Chinese stocks react to stimulus bazooka, concern of Chinese 'Japanification', predicting a black swan event?, and Bitcoin defies gloomy September expectations