<Click on graphic for larger image> Bloomberg.com – Bond Vigilantes Give Way to Budget Brigade Urging More Debt Central bankers among those calling for a budgetary boost Fed’s Fischer calls it `a pity’ fiscal policy is out of action Say good-bye to the bond vigilantes and hello to the budget brigade. A passel of investors,… Continue reading More Debt!
<Click on graphic for larger image> Bloomberg.com – Fed That Can’t Go It Alone Pulls Carpet From Under Bond Yields Treasury 10-year yields see biggest weekly drop since Jan. 29 Shallower rate path consistent with global backdrop: Barclays Treasury yields fell, adding to a decline this week that had narrowed their gap to German and… Continue reading Interest Rates
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Comment *Please note* We had to cancel the conference call last week because of technical issues. Unfortunately this means you will have to re-register for this “new” conference call even if you registered for the call last week. We apologize for the inconvenience. Today at 9 AM CT (10:00 AM ET, 7:00 AM PT, and… Continue reading On Rebounds And Election Betting
The Wall Street Journal – Jon Hilsenrath: Fed Dials Back Pace of Rate Hikes Federal Reserve officials dimmed their view of the economy and said they likely won’t raise interest rates as swiftly as they had previously anticipated, a nod to lingering risks posed by soft global growth and financial-market volatility. Policy makers left short-term… Continue reading About Fed Credibility And Market Expectations
<Click on graphic for larger image> The Wall Street Journal – Greg Ip: Radical Policy Ideas Resurface Amid Too-Low Inflation Four decades ago, governments desperate to tame double-digit inflation turned to the heavy-handed tool of wage and price controls. That once-discredited idea is getting another look, but this time to boost wages and prices, not… Continue reading Combating Low Inflation
Conference Call Presentation/Charts of the Week Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/031716.mp3|titles=Conference Call ] Topics Covered This Week Include: Topics/Summary About Election Betting President Betting Looking Back To 2012 2008 Betting 2000 Betting The Markets Are Not Paying Attention … Yet The Press And The Election – Start With A Conclusion Trump Betting Republican Betting Brokered Convention Democratic Betting… Continue reading Conference Call Presentation/Charts of the Week
<Click on chart for larger image> CNN – Foreign governments dump U.S. debt at record rate In a bid to raise cash, foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, according to figures released on Tuesday. That is up from $48 billion in December and… Continue reading Foreigners Sell U.S. Treasuries
<Click on chart for larger image> The Financial Times – ETFs reflect market conditions rather than dictate them As exchange traded funds have become more popular, the amount of controversy about them has grown. The current ETF debate centres around three key questions. Are there now too many ETFs? Do they contribute to market volatility?… Continue reading The Rise Of ETFs
<Click on graphic for larger image> The Wall Street Journal – Crude Mystery: Where Did 800,000 Barrels of Oil Go? There is mystery at the heart of the oversupplied global oil market: missing barrels of crude. Last year, there were 800,000 barrels of oil a day unaccounted for by the International Energy Agency, the energy… Continue reading Crude Oil’s Measurement Problem
The Financial Times – Robots are better investors than people The game is up in asset allocation. A computer with access to a standard array of index funds and exchange traded funds can devise a suitable long-term investment strategy for most people in a blink. You select your risk appetite on a scale of one… Continue reading Investment Advice: Humans vs. Robots
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