Comment Jim Bianco was on CNBC yesterday discussing the Federal Reserve. To view the interview, click on the image above. To view any of our recent interviews, click here. The graphic below helped explain a comment we made in a post yesterday titled Why One Rate Hike (Even One And Pause) Matters. We pointed out… Continue reading Timing The Rate Hike
Bloomberg Business – It’s Official: This Summer Was Busiest Ever for Treasury Trading It’s been the busiest June, July and August ever for Treasury traders, judging by transactions on the $12.8 trillion market’s biggest electronic trading platform. Thanks to volatile global markets and a shifting outlook for interest rates, there was more trading during the… Continue reading Bond Market Liquidity
MarketWatch – Market timing model: Go 100% cash When Mebane Faber talks, people listen. The chief investment officer of Cambria Investments is a highly regarded independent thinker. He’s among the few people in the investment business smart enough and bold enough to call out the baloney that passes for wisdom on Wall Street. His research… Continue reading Time To Get Out Of Stocks?
Bloomberg Business – Quant Fire Only Half Out to JPMorgan Strategist “We expect elevated volatility and downside price risk to persist,” Kolanovic wrote. “In our view, the risk/reward for equity investors remains in favor of waiting, rather than being fully invested until there is more clarity from macro data and central banks.” Computerized traders whose… Continue reading Hedge Funds Explain Their Underperformance (They are Experts At This)
Bloomberg.com – U.K. Retailers Post Worst Sales Decline Since Financial Crisis British retailers had their biggest sales decline since 2008 last month on wet weather and reduced tourist spending. Comparable sales in stores dropped 4.3 percent, falling a fourth consecutive month, business advisory firm BDO said in its monthly report. The decline was led by… Continue reading UK Slowdown?
The Economist – The IMF urges the Fed to delay a rate rise There is currently little evidence supporting the case for an immediate rate rise in the United States or Britain. In America, unemployment has fallen steadily since the crisis and growth has been above 3% on an annualised basis for three of the… Continue reading IMF Urges For No Rate Hike, Again
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Yesterday we hosted a conference call titled Volatility, Chinese Bond Selling And A Rate Hike. The mp3 and handout are below. Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/090215.mp3|titles=Conference Call ] [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=269″] Webcast [hana-flv-player video=”https://www.biancoresearch.com/bianco/SubscriberArea/090215.flv” width=”600″ height=”495″ description=”” player=”3″ autoload=”false” autoplay=”false” loop=”false” autorewind=”true” splashimage=”https://www.biancoresearch.com/bianco/wp-content/themes/twentyten/images/splash.jpg” /]
<Click on graphic for larger image> Bloomberg.com – September or Not, Market Says Fed’s One-and-Done Until Late 2016 Money market derivatives indicate the federal funds rate will average 0.60 percent one year from now. The rate would have to exceed about 0.625 percent to indicate two quarter-point increases, assuming the funds rate will trade close… Continue reading Why One Rate Hike (Even One And Pause) Matters
FactSet – (August 28, 2015) EARNINGS INSIGHT Although the volatility in the stock market over the past week has been attributed in part to fears of slower economic growth in China, economic weakness in Europe remains a worry as well. According to FactSet Economic Estimates, real GDP growth in the Eurozone is projected to be… Continue reading A Historical Look At Earnings
Comment Jim Bianco was on Bloomberg TV yesterday discussing the Federal Reserve. To view the interview, click on the image above. To listen to any of our recent interviews, click here. In the interview Jim discussed the outlook for the September FOMC meeting. <Click on chart for larger image>
<Click on chart for larger image> Bloomberg Business – When Will It End? History Shows U.S. Stocks Rebound Needs Months Looking back at the 25 bull-market corrections since 1950, the one happening now “looks pretty run-of-the-mill,” said Brian Jacobsen, who helps oversee $250 billion as chief portfolio strategist at Wells Fargo Advantage Funds in Menomonee… Continue reading When Will Stocks Rebound?