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September 15, 2015
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Barron’s – Amey Stone: Fed Rate Hike Is Too Close to Call Will they or won’t they? Opinions on what the FOMC will or will not do point all over the place. In an ideal world, there would be a pretty clear consensus ahead of a Federal Open Market Committee meeting about what policymakers were… Continue reading 3 Days Until The Fed Meeting
Comment Jim Bianco was interviewed by Financial Repression Authority last week and discussed the Federal Reserve. To view the interview, click on the image above. To view any of our recent interviews, click here. <Click on graphic for larger image> The Wall Street Journal – Jon Hilsenrath: Lesson for Fed: Higher Interest Rates Haven’t Been… Continue reading What’s The Fed To Do?
The Wall Street Journal – China Data Add to Doubts About Beijing’s Ability to Meet Growth Target New figures on factory production and fixed-asset investment weaker than expected in August Two Chinese economic reports gave a glimpse of the growing challenge for Beijing in reaching its full-year growth target of about 7%. Factory production and… Continue reading Doubting Chinese Data
<Click on graphic for larger image> Barron’s – The Wisdom of a Stock-Market Nonconformist Why Loews chief investment strategist Joe Rosenberg likes J&J, Pfizer, Chevron, GM, and Ford. Three years ago, Loews CEO Jim Tisch threw a party at New York’s 21 Club for Joe Rosenberg, who was celebrating 50 years on Wall Street. The… Continue reading Contrarian Thinking
The New York Times – The Fed’s Policy Mechanics Retool for a Rise in Interest Rates Yet the Fed has found itself forced to experiment. The immense stimulus campaign that it started in response to the 2008 financial crisis changed its relationship with the financial markets. It has pumped so many dollars into the system… Continue reading The Mechanics Behind A Rate Hike
The Financial Times – Fears grow over US stock market bubble A growing number of investors believe that US stocks are overvalued, creating the risk of a significant bear market, according to research by Yale University market scholar Robert Shiller. The Nobel economics laureate told the Financial Times that his valuation confidence indices, based on… Continue reading Fear The Bubble
<Click on graphic for larger image> Bloomberg.com – OPEC Trims 2016 Estimates for Rival Supplies as U.S. Oil Suffers OPEC trimmed estimates for supplies from outside the group in 2016 as the slump in prices takes its toll on the U.S. shale-oil industry. The Organization of Petroleum Exporting Countries cut 2016 estimates for non-OPEC output… Continue reading OPEC Sees Lower U.S. Crude Output
MoneyBeat (WSJ Blog) – Portfolio Managers Struggle to Beat Benchmarks Stock picking is a dicey business, and in the first half of 2015, the majority of large-cap stock portfolio managers failed to beat the S&P 500′s returns. According to the S&P 500 Dow Jones Indices scorecard of actively-managed funds, 65.43% underperformed the S&P 500 for… Continue reading Underperforming The Index
The Wall Street Journal – Wild Trading Exposed Flaws in ETFs Managers of exchange-traded funds, such as BlackRock, work to find out what caused disruptions on Aug. 24 The extreme stock-market gyrations in August exposed cracks that many critics had warned about in the booming business of exchange-traded funds—cracks that fund managers such as BlackRock… Continue reading ETF Disruptions
Watch the latest video at video.foxbusiness.com Comment Jim Bianco was on FOX Business yesterday discussing the markets. To view the interview, click on the image above. To view any of our recent interviews, click here. The Fed’s worst case scenario would be if they do not hike rates next Thursday and the stock market roars… Continue reading Talking Markets And The Fed’s Worst Case Scenario