The Financial Times – Wolfgang Munchau: Concessions to Britain will create a two-tier Europe My pro-European friends in Britain tend to look at it in a pragmatic way. It was good enough for the British prime minister to launch the referendum with a recommendation that the UK should remain an EU member. It did the… Continue reading Brexit
Barrons’ – No Inflation In Sight, Say Two Bond Masters Hoisington’s bond managers doubt the global economy will rebound soon thanks to low industrial output, heavy debt, and the commodities collapse. Since the 2008-09 Great Recession, it has been an article of faith in many circles that the loose monetary policy of zero-bound short-term interest… Continue reading Searching For Inflation
<Click on chart for larger image> The Economics – Manufacturing: A hard pounding A vital chunk of the world economy is beset by weakness CATERPILLAR is one of the most renowned industrial brands. It makes the kind of heavy machinery—loaders, excavators and off-road trucks—that is used in the construction, mining and transport industries when things… Continue reading A Look At Manufacturing
The Wall Street Journal – Commodity Slump Puts Dry-Bulk Shipping on Hold Idled ships are crowding coastlines world-wide as increasingly desperate companies that ship iron ore, coal and other bulk commodities try to weather the industry’s worst downturn in decades. The parked vessels are a stark sign of how crumbling Chinese demand for commodities is… Continue reading Another Sign Of The Slowdown In Shipping Industry
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Comment Yesterday we hosted a conference call titled What Are Volatile Markets Telling Us? The mp3 replay and handout are below: Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/021816.mp3|titles=Conference Call ] [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=282″]
<Click on graphic for larger image> The Wall Street Journal – Donald Trump’s Lead in South Carolina Narrows as Conservatives Turn to Ted Cruz, Poll Finds Among Democratic candidates, Hillary Clinton maintains a wide lead over Sen. Bernie Sanders Donald Trump’s lead in South Carolina has narrowed ahead of Saturday’s primary, as many of the… Continue reading Handicapping This Weekend’s Primaries
Comment Jim Bianco was on Bloomberg TV discussing crude oil and the stock market. To view the interview, click on the image above. To view any of our recent interviews, click here.
<Click on graphic for larger image> Bloomberg Business – Here’s What Economists Think About Negative Policy Rates They don’t do much for inflation and will last until at least 2018 Bloomberg surveyed 63 economists covering central banks in the euro area, Switzerland, Denmark, Sweden and now Japan where negative policy rates have been implemented. We… Continue reading More On Negative Rates
The Wall Street Journal – Brexit’s Hidden Threats—To Europe Most think of the consequences of a British exit from the EU in terms of the U.K. economy. But what about Europe? The U.K. has put itself in the spotlight. The national debate over Europe, with Prime Minister David Cameron seeking a deal in Brussels that… Continue reading What A ‘Brexit’ Would Mean For European Countries
<Click on chart for larger image> Comment The black line in the top panel shows the spot price of gold. The blue line in the second panel shows the cumulative flows of money into and out of these ETFs. The red line in the third panel shows the change in total asset levels. The green… Continue reading Investors Look To Gold