<Click on chart for larger image> <Click on chart for larger image> NASDAQ – The Post-Apple Q2 Earnings Scorecard – Earnings Trends Including the releases from Apple (AAPL), Microsoft (MSFT), Yahoo (YHOO) and others, we have now Q2 results from 90 S&P 500 members that combined account for a little over one-third of the index’s… Continue reading Earnings Beat Rate
<Click on chart for larger image> The Wall Street Journal – San Francisco Fed: Weak Inflation Not the Conundrum Many Believe The Federal Reserve’s failure to get inflation back up to desired levels for nearly three years isn’t the problem many people believe it to be, according to new research from the Federal Reserve Bank… Continue reading San Francisco Fed: Low Inflation Not A Problem
The Financial Times – Douglas Hodge: Low bond liquidity presents little risk The main effect will be higher cost of capital, says Pimco’s Douglas Hodge It is not surprising that the subject of bond market liquidity has come under increasing focus among regulators, investors and the media. While banks are now better capitalised, the combination… Continue reading Bond Liquidity
<Click on chart for larger image> The Wall Street Journal – Hedge Funds Gear Up for Another Big Short Wall Street is preparing for panic on Main Street. Hedge funds are lining up to profit from potential trouble at some “alternative” mutual funds and bond exchange-traded funds that have boomed in popularity among retirees and… Continue reading Hedge Funds Looking At “Liquid Alternative” Funds
<Click on chart for larger image> The Financial Times – Henry Paulson: Let China’s markets speak truth to power Policymakers must do more to reform underlying structural problems, writes Henry Paulson Recent turbulence in China’s stock market has led some to conclude that the country stands on the brink of a major financial and economic… Continue reading China
MarketWatch.com – Caroline Baum: Here’s the real reason the Fed wants to raise rates Federal Reserve policy makers are hoping, even praying, that no unexpected domestic development or international crisis intervenes to prevent them from taking the first baby step to normalize interest rates at the Sept.16-17 meeting. Why? Fed officials point to a number… Continue reading Why The Fed Wants To Raise Rates
The Financial Times – Investors cannot see through market froth Bubbles will be clearer as central banks start to normalise policy In the event, inclusion in the MSCI index failed to materialise. Yet after the recent peak to trough decline of 35 per cent in the Shanghai Composite index, the authorities have been struggling desperately… Continue reading Bubble Talk
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Comment On July 23, 2015 at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 BST), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Will the Fed hike rates in September? If so, why? Join us Thursday as we make the case that… Continue reading Why Is The Fed Tightening?
<Click on graphic for larger image> The Wall Street Journal – Silicon Valley Doesn’t Believe U.S. Productivity Is Down Contrarian economists at Google and Stanford say the U.S. doesn’t have a productivity problem, it has a measurement problem Google Inc. chief economist Hal Varian is an evangelist for Silicon Valley’s contrarian take on America’s productivity… Continue reading Productivity
The Wall Street Journal – Federal Reserve Finalizes Amount of Capital Big Banks Must Maintain The Federal Reserve finalized the amount of additional capital the nation’s eight biggest banks must maintain, with J.P. Morgan Chase & Co. facing the highest capital increase of the group, a policy designed to encourage firms to reduce their size… Continue reading Bank Capital
<Click on graphic for larger image> The Wall Street Journal – Europe’s High-Yield Bond Market Begins Recovery Riskier debt making comeback after market virtually closed during Greek crisis A slew of European companies readied new financing deals Monday after the market for riskier debt ground to a virtual standstill at the start of the month… Continue reading European High Yield