Search

Charts of the Week

Conference Call Presentation/Charts of the Week

December 2, 2015

Conference Call Presentation/Charts of the Week Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/120315.mp3|titles=Conference Call ] Topics Covered This Week Include: What Economists Think What Economists Think – 2 GDP Is Worse Q4 Estimates Inflation Is Lower Manufacturing Is Worse, Services Better Labor Conditions Are Worse Payrolls Are The Same Spending Is The Same Unemployment Is Far Lower What Is Potential?… Continue reading Conference Call Presentation/Charts of the Week

Newsclips

Bond Market Sentiment

December 2, 2015

<Click on chart for larger image> Comment The chart above shows the shows the 10-year yield. It began the year at 2.18%, is currently at 2.18% and has rallied from 2.34% roughly a month ago. Given this, where is sentiment on the bond market as the Fed prepares to hike rates? The first chart below… Continue reading Bond Market Sentiment

---

Newsclips

Rate Hikes In 2016

December 2, 2015

Bloomberg Business – How Fed Skeptics May Cause the Tightening Cycle to Go Faster Than the Market Expects If all the Federal Reserve’s hopes and dreams for the American economy come true, the tightening cycle won’t look anything like what futures markets are pricing in. That’s the assertion of Steven Englander, global head of G10… Continue reading Rate Hikes In 2016

Newsclips

Is It Too Early For A Rate Hike?

December 2, 2015

<Click on chart for larger image> MoneyBeat – How’s the Fed Supposed to Get Off the Zero Bound in World Like This One? The European Central Bank and the Federal Reserve are “diverging,” in the parlance of the times, as the former doubles down on the stimulus experiment and the latter tries to get out… Continue reading Is It Too Early For A Rate Hike?

---

Newsclips

The New Oil Economy

December 2, 2015

The Financial Times – Martin Wolf: Understanding the new global oil economy If US imports fall, its interest in a stable Middle East will shrink as that of China and India rises Why have oil prices fallen? Is this a temporary phenomenon or does it reflect a structural shift in global oil markets? If it… Continue reading The New Oil Economy

Newsclips

Corporate Debt

December 2, 2015

<Click on graphic for larger image> The Financial Times – Global company debt sales eclipse $2tn The ECB meets on Thursday and is seen cutting overnight borrowing rates further into negative territory. Economists with the Royal Bank of Scotland said they expected the asset purchase scheme to rise to €85bn from €60bn per month and… Continue reading Corporate Debt

---

Newsclips

Hedge Funds

December 2, 2015

<Click on chart for larger image> Bloomberg Business – Hedge Funds Brace for Redemptions as Losses Engulf Marquee Firms When BlueCrest Capital Management told investors Tuesday it would no longer oversee money for outsiders, one thing founder Michael Platt didn’t mention was that clients had already pulled billions of dollars this year. Platt, who cited… Continue reading Hedge Funds

Newsclips

How The Dollar Remains The Top Reserve Currency

December 2, 2015

Bloomberg Business – Lew Says U.S. to Ensure Dollar Remains Top Reserve Currency U.S. to hold China to its pledge to avoid unfair FX policies Treasury Secretary Jacob J. Lew said the U.S. intends to ensure the dollar stays the world’s leading reserve currency a day after the International Monetary Fund elevated the Chinese yuan… Continue reading How The Dollar Remains The Top Reserve Currency

---

Newsclips

Auto Sales Increase As The Majority Of Manufacturing Industries Contract

December 2, 2015

<Click on chart for larger image> The Wall Street Journal – Auto Sales on Track for Best November Since 2001 U.S. auto sales are on track to reach their highest November volume since 2001 as Black Friday deals and an expanding economy helped lift a traditionally sluggish month. Overall results were still being tallied on… Continue reading Auto Sales Increase As The Majority Of Manufacturing Industries Contract

Newsclips

Inflation Expectations

December 2, 2015

<Click on chart for larger image> The Financial Times – Robin Wigglesworth: The return of inflation could define capital markets in 2016 While this will still leave “core” inflation gauges — excluding more volatile components such as food and energy — below central bank targets, the gap will be “significantly smaller”, Goldman Sachs pointed out.… Continue reading Inflation Expectations

---

Newsclips

Swiss Yields Continue To Fall

December 2, 2015

<Click on chart for larger image> The Financial Times – Swiss debt yields dive deeper underground Swiss government bond yields have fallen even deeper below zero ahead of tomorrow’s European Central bank meeting, with all maturities up to and including 12 years now offering negative yields. Although Switzerland isn’t in the eurozone, further easing from… Continue reading Swiss Yields Continue To Fall

Newsclips

QE In Europe

December 2, 2015

The Wall Street Journal – ECB to Test the Limits of Its Bond-Buying Program If the European Central Bank wants to ramp up its stimulus this week, it may have to get creative. The ECB has so far been buying €60 billion ($63.47 billion) of bonds a month under its quantitative easing program, and analysts… Continue reading QE In Europe