Today's topics include yields finally play a role in total return, cash is king, Fedspeak = back to long & variable lags, the composition of Treasury borrowing, homeownership remains elusive for renters, global trade set to rebound, and electronic market making in fixed income
Q1 2024 earnings season is nearing completion. Expectations declined leading into reporting season but have bounced higher on positive results.
Today's topics include Timiraos reacts to Friday's jobs number, is Friday's weak jobs number enough for the Fed?, advocating for patience at the Fed, shipping issues & goods inflation, tracking catalysts that could shake markets, retail speculation ramps up, food inflation, getting Treasury debt management wrong, and groupthink at the Fed
Jim Bianco joins CNBC to discuss the Job Market, ISM Services Data, Fed Speak/Timing & Stagflation with Rick Santelli.
Payrolls missed estimates for the first time since October 2023. Fed funds traders are now pricing in two rate cuts by year-end.
Today's topics include coming treasury supply needs buyers, the 2% target, downside protection, a two-track U.S. economy, global synchronous central bank pause, money market assets back at $6T, bond vol to remain high, tracking Japanese intervention, politics & supply chains, and home equity loan reforms
Only 4% of small business owners believe it is a good time to expand their business. Inflation and a tight labor market are the main reasons for their pessimism.
The TBAC expects bills to make up more than 20% of issuance for a bit longer, but recognizes increased coupon issuance may be necessary.
A worldwide shipping slowdown may lead to higher goods prices in the months ahead.