Search

Newsclips

Understanding The FOMC Statement Requires A College Degree

March 19, 2015

<Click on chart for larger image> <Click on chart for larger image> Comment After the December meeting, we highlighted a St. Louis Fed study on the rising complexity of the FOMC statement. As the charts above show, both the word count and the Flesch-Kincaid level rose slightly in yesterday’s statement (the Flesch-Kincaid Grade Level measures… Continue reading Understanding The FOMC Statement Requires A College Degree

Newsclips

An Updated Look At The Myth Of Cash On The Sidelines

March 19, 2015

Quartz – American companies are running out of places to stash their insane pile of cash American companies have a very good problem. They’ve got nowhere to put all their money. Consider that US nonfinancial corporations had just shy of $2 trillion in cash socked away at the end of the fourth quarter. (A fair… Continue reading An Updated Look At The Myth Of Cash On The Sidelines

---

Newsclips

Currency Wars

March 19, 2015

MoneyBeat (WSJ Blog) – Fed’s Covert Foray Into FX Policy Risks Wider Currency War Don’t count the dollar out of the global currency war. You won’t hear such talk from Fed Chairwoman Janet Yellen or her colleagues, who defer exchange rate policy to the U.S. Treasury. And most economists’ analysis will focus on how Wednesday’s… Continue reading Currency Wars

Newsclips

Where Have All The Stock Bears Gone?

March 19, 2015

<Click on chart for larger image> Bloomberg.com – Everyone Hates U.S. Stocks Not since the year of the credit crisis have the world’s biggest investors had a lower opinion of American equities. With interest rates poised to rise and Europe ascending, the percentage of global money managers who are underweight American equities is the highest… Continue reading Where Have All The Stock Bears Gone?

---

Newsclips

Cartoons

March 19, 2015

Charts of the Week

Conference Call Presentation/Charts of the Week

March 18, 2015

Conference Call Presentation/Charts of the Week Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/031915.mp3|titles=Conference Call ] Topics Covered This Week Include: “Patient” Correcting Yellen’s Gaffe What The Market Thinks About The Fed The Latest Dot Chart 2015 Dots Fed’s Long Term Projections What The Market Thinks About The Fed – Post Meeting Payrolls Are Good Housing Versus Housing Jobs Retail Sales… Continue reading Conference Call Presentation/Charts of the Week

---

Newsclips

What To Watch At Today’s FOMC Meeting

March 18, 2015

Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/newsclips/2015/03/scbb7a9a.mp3|titles=Bloomberg ] Comment Yesterday Jim Bianco was on Bloomberg radio discussing the Federal Reserve. To listen to the interview, click above. Jim’s interview starts around the 21 minute mark of the program. To view any of our recent interviews, click here. For the last several days we have offered what we believe will happen… Continue reading What To Watch At Today’s FOMC Meeting

Newsclips

Where Is The Productivity Growth In Jobs? Are Payrolls Wrong?

March 18, 2015

<Click on graphic for larger image> Economics 21 – Caroline Baum: Jobs, Jobs, Jobs—and Nothing to Show for Them? If Federal Reserve policymakers were to look solely at headline labor market indicators, they might be tempted to conclude that the U.S. economy had finally reached cruising altitude. The unemployment rate has fallen from a peak… Continue reading Where Is The Productivity Growth In Jobs? Are Payrolls Wrong?

---

Newsclips

More On Interest Rates

March 18, 2015

The Financial Times – Martin Wolf: Strong currents that keep interest rates down Central banks must move rates in an equilibrating direction — which they cannot choose Since the crisis, central banks have not chosen how to act — their hands have been forced. Events in the eurozone provide a powerful example. In early 2011,… Continue reading More On Interest Rates

Newsclips

QE Works … For Stock Investors, Chinese Edition

March 18, 2015

<Click On Chart For Larger Image> Bloomberg – China Stocks Rise to Highest Since 2008 Amid World’s Best Rally China’s stock market climbed to levels last seen before the global financial crisis in 2008, extending its world-beating rally as investors bet monetary stimulus will revive an economy beset by four years of slowing growth. The… Continue reading QE Works … For Stock Investors, Chinese Edition

---

Newsclips

Ray Dalio, Jim Grant And Marc Faber Weigh In On The Fed, No Rate Hikes Are Coming!

March 18, 2015

The Financial Times – Dalio warns Fed of 1937-style rate risk rise The US Federal Reserve risks causing a 1937-style stock market slump when it finally moves to raise interest rates, one of the world’s most powerful hedge fund managers has warned. Ray Dalio, founder of the $165bn hedge fund group Bridgewater Associates, is avoiding… Continue reading Ray Dalio, Jim Grant And Marc Faber Weigh In On The Fed, No Rate Hikes Are Coming!

Newsclips

Greece

March 18, 2015

The Financial Times – Yannis Dragasakis: All we ask is that Europe give Greece a chance We risk condemning an entire generation to a future without hope, writes Yannis Dragasakis Capital flows from stressed countries have drained liquidity from their banking systems while increasing the lending capacity of the banks in the core. The exodus… Continue reading Greece