Today's topics include rate cuts work on a long & variable lag, Fedspeak, can central banks really control inflation expectations?, the effects of a weaker dollar, China's unique economy, Nvidia's lofty expectations, and Berkshire hits $1 trillion
Today's topics include office vacancies, the Fed's path ahead, stocks after the rate cut, corporate sentiment improving, more on payroll revisions, bond bullishness, market breadth broadened out after August selloff, retail traders might have left options behind, taking a look at Nvidia before earnings, Nvidia attracts volatility, where is the recession?, the BoJ presses on, China's large-scale issuance of government debt stokes fears, and junk volumes
While market participants are focused on the coming rate cut cycle, global central banks are still removing liquidity with QT roll-offs.
Today's topics include a 25 basis point cut comes into focus, quantifying the extra savings from locked-in mortgages, housing affordability, an eye on private repo market, the yuan carry trade, market valuations, cracks in consumer spending, and money markets still seeing inflows
A replay of our August 29, 2024 conference call.
At Jackson Hole Chairman Powell said, "The time has come" to start cutting rates. He expressed concern about the labor market. However, the labor market has undergone epic changes post-pandemic, and interpreting its data is very complicated. A credible case can be made that the labor market is still robust, and stimulating the economy could produce more inflation.
Today's topics include reviewing Powell's Jackson Hole speech, inflation by income deciles, in search of neutral, central banks' safety net, a tipping point for the Beveridge Curve?, the carry trade lives on, making the case for emerging markets, and an eye on shipping rates
Jim Bianco joins Fox Business to discuss Fed Chairman Powell’s Speech, the Economy & Labor Market with Charles Payne.