Bloomberg Business – Bond Bulls Bank on Fed Mention of Market Chaos as Drag on Growth Derivatives imply one rate increase priced in for 2016 Bond bulls are looking to the Federal Reserve’s decision Wednesday for vindication as Treasuries head for their best month in a year. The Fed is set to release its first… Continue reading Bond Bulls Bet On The Fed
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Comment On Thursday, January 28, 2016 at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 GMT), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Join us Thursday as we discuss how oil, China, the economy and the Fed are affecting the financial… Continue reading On Oil, China, The Economy & The Fed
<Click on graphic for larger image> The Economist – Oil and the economy: The oil conundrum Plunging prices have neither halted oil production nor stimulated a surge in global growth Simon Flowers of Wood Mackenzie, an industry consultancy, says that even at $30 a barrel, only 6% of global production fails to cover its operating… Continue reading Moving The Goalposts On Crude Oil Breakeven Prices
Finanz und Wirtschaft- Christoph Gisiger: The Markets Are Telling Us There’s A Severe Issue Out There James Bianco, president of Bianco Research, expects more turmoil to come and warns that there will be no easy way out of zero interest rate policy. The sigh of relief could be well heard on Wall Street. After days… Continue reading Talking Markets
<Click on chart for larger image> The Financial Times – In charts: why oil prices are influencing global equity markets Length of correlation between the two is set to shape investment allocation decisions Global financial markets are seemingly at the mercy of the oil price, with falls and rebounds in the commodity setting the tone… Continue reading Oil & Stocks
<Click on graphic for larger image> Bloomberg.com – Pimco to Vanguard Step Into Credit Fray to Buy High-Grade Bonds After corporate debt investors suffered through the worst-ever start to a year, some of Wall Street’s biggest money managers and strategists say it’s time to start buying. The extra yield investors demand to own investment-grade corporate… Continue reading Credit Markets
The Big Picture – Barry Ritholtz: The Presidential Race Offers No Insight into Markets I repeatedly heard (and read) the same silliness over the weekend: The market is tanking because of the rise of the wildly unpredictable Donald Trump on the right and the socialist Bernie Sanders on the left. This spawned further questions about… Continue reading Is A Potential Trump/Sanders Ballot Bothering The Markets?
Zero Hedge – Gundlach Slams Yellen: “The Market Will Humiliate You” In just 44 somewhat anger-and-frustration-filled seconds, DoubleLine’s bond guru Jeffrey Gundlach unleashes some very uncomfortable truths on Janet Yellen and the “idiots” at The Fed… “they have got to dial this [hawkish] rhetoric back or the markets are going to humiliate them.” Barron’s –… Continue reading Gundlach Speaks
The Wall Street Journal – How Bad Is Retail? Look at the Bonds Prices of retailers’ bonds tumble as investors see few options for private-equity owners to cash out Bonds of major retailers that went through leveraged buyouts have fallen to distressed levels, a signal that their private-equity owners are running out of options. Investors… Continue reading Struggling Retailing
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Reuters.com – Leaky lifeboat: Weak U.S. corporate profits offer no rescue to sinking stocks Investors who hoped U.S. corporate earnings could dig stocks out of their deep hole may find themselves sorely disappointed. The outlook for corporate profits continues to deteriorate, and earnings growth is now unlikely to revive before the summer. Thanks to rapidly… Continue reading An Earnings Update