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Newsclips
Why Is RRP Falling?
August 9, 2024
Money parked in the Federal Reserve's reverse repo facility is shrinking again as money fund managers extend maturity to hold onto 5%+ yield as long as possible. This move is being driven by the belief that the Fed is finally going to start cutting rates, not some ominous sign that the financial system's plumbing is at risk.
Newsclips
Quick Comments/What We’re Reading
August 9, 2024
Today's topics include the odds of a rate cut, the QE era was the anomaly, an interview with Torsten Slok, when will QT end?, mortgage spreads, the retail crowd eases up on options trading during rout, and a look at low-wage growth
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Cartoons
August 9, 2024
Newsclips
Quick Comments/What We’re Reading
August 8, 2024
Today's topics include has the Yen carry trade been completely unwound?, the odds of another BoJ rate hike, the odds of an emergency Fed rate cut, a soft landing, checking in on sentiment after a rocky week, a lack of liquidity, a historical look at stocks after the VIX spikes, the moral hazard facing central banks, tech valuations, covered call ETFs, searching for neutral, and OPEC's price targets
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Cartoons
August 8, 2024
Media & Communications
Jim Bianco discusses Recent Market Volatility, Mixed Economic Signals & Bond Market Liquidity
August 7, 2024
Jim Bianco joins Fox Business to discuss Recent Market Volatility, Mixed Economic Signals & Bond Market Liquidity with Charles Payne.
Newsclips
How Stressed Are Markets?
August 7, 2024
Monday's selloff in equities and massive bond rally indicated that, after minimal volatility so far in 2024, the interconnectedness of global markets poses upside risks to volatility.
Newsclips
Quick Comments/What We’re Reading
August 7, 2024
Today's topics include is BoJ policy now at the whim of the carry trade?, sizing up the yen carry trade, pumping the brakes on an emergency rate cut, Claudia Sahm explains why her rule might be wrong, weather's effect on the payrolls report, Dudley on the Fed, and watch the yuan
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Cartoons
August 7, 2024
Newsclips
Tracking the Unwind
August 6, 2024
JP Morgan suggests the speculative carry trade is only half unwound. The exchange rate between the yen and peso is one market to monitor closely.
Newsclips
Quick Comments/What We’re Reading
August 6, 2024
Today's topics include how will the market selloff impact the Fed's path?, Goolsbee & Daly attempt to tame the masses, the end of easy money: Japanese edition, turnaround Tuesday, the storm after the calm, recession fears, and stocks vs. bonds