<Click on chart for larger image> Bloomberg Business – Bond Traders Betting on the Slowest Fed Pace Yet Amid Volatility The bond market is starting to doubt whether the Federal Reserve will be able to raise interest rates at all this year as the global economic outlook dims. Traders have gone from betting on two… Continue reading What Will The Fed Do?
<Click on graphic for larger image> The Wall Street Journal – In Emerging Markets, Capital Controls Are Ratcheted Up to Stem Outflow of Funds Some foreign investors may bristle at limitations designed to ease pressure on local currencies A number of emerging markets are taking a risky approach to dealing with growing pressure on their… Continue reading Emerging Market Flows
Bloomberg.com – Commodity Rout Prompts Moody’s to Put 175 Ratings on Review Moody’s reduces forecasts for Brent, WTI to $33 for this year China’s slowdown triggers `fundamental shift,’ Moody’s says Royal Dutch Shell Plc, Total SA and BP Plc, Europe’s three biggest oil producers, were among 175 energy and mining companies whose credit ratings were… Continue reading Moody’s Acknowledges The Commodity Bear Market
The Wall Street Journal – ECB’s Mario Draghi Hints at More Stimulus in March Rising risks could derail European Central Bank’s efforts to bring inflation back on target European Central Bank President Mario Draghi Thursday signaled that the governing council may provide more stimulus at its next meeting in March, noting that the outlook for… Continue reading Mario To The Rescue, Promises More Sugar
CNBC – Boeing to cut 747-8 production, take $569M charge Boeing announced Thursday it will take a $569 million after-tax charge in its fourth-quarter results as it scales back production of its 747-8. The airplane manufacturer in September plans to cut 747-8 production to one airplane every two months from one every month previously. Sluggishness… Continue reading More Evidence Of Waning Shipping Demand
Bloomberg.com – Birinyi More Worried About Markets Than Any Time Since 2009 His concerns include oil, Chinese politics and Apple’s slide S&P seeking rebound from 21-month low after worst start ever The difficulty of forecasting outcomes in places like China has left Laszlo Birinyi more worried about stocks than he’s been since 2009, when their… Continue reading Bearish Talk
<Click on graphic for larger image> The New York Times – This Time, Cheaper Oil Does Little for the U.S. Economy It has been a truism of the American economy for decades: When oil prices rise, the economy suffers; when they fall, growth improves. But the decline of oil prices over the last two years… Continue reading Where Is The Gas Savings For The Economy?
<Click on chart for larger image> Reuters.com – Investors pull billions from stock funds for 3rd straight week: Lipper Investors yanked $5.2 billion from stock mutual funds in the United States during the sharply volatile week that ended Jan. 20, Lipper data showed on Thursday, marking three consecutive weeks of outflows. World stocks and corporate… Continue reading Stock Mutual Fund Outflows
<Click on graphic for larger image> Bloomberg.com – Saudi Arabia’s Secret Holdings of U.S. Debt Are Suddenly a Big Deal Saudi’s debt holdings kept from public view for over 40 years `It’s mind-boggling,” says former Treasury official It’s a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and… Continue reading Are The Saudis Selling Treasuries Too?
<Click on chart for larger image> The Financial Times – What US credit signal says about economy Credit markets have been flashing warning signs for the past year. A deterioration in corporate bond prices and higher yields have often signalled a looming credit crunch, usually sparking a recession. Now as share markets around the world… Continue reading The Credit Signal
None Today
Watch the latest video at video.foxbusiness.com Comment Yesterday Jim Bianco was on Fox Business with American Action Forum President Doug Holtz-Eakin discussing the impact of lower oil prices. To view the interview, click on the image above. To view any of our recent interviews, click here. As the next chart shows, the bear market in… Continue reading Oil’s Slump Continues