Bloomberg – Why Oil Prices Went Down So Far So Fast The reasons oil prices started sliding in June were hiding in plain sight: growth in U.S. production, sputtering demand from Europe and China, Mideast violence that threatened to disrupt supplies and never did. After three-and-a-half months of slow decline, the tipping point for a… Continue reading Is Falling Crude Signaling Weak Economic Growth?
The Financial Times – Opec expects fall in US shale output Opec expects a sharp reduction in higher cost production such as US shale if the price of crude oil remains around $85 a barrel. Taking a different view to US industry executives and analysts, Abdalla El-Badri, secretary-general of Opec, told an industry conference that… Continue reading What Is The Breakeven Price For Shale Oil? Depends Who You Ask
<Click on graphic for larger image> 538 Blog – Harry Enten and Nate Silver: Senate Update: The Momentum Mirage Republicans have maintained a narrow overall edge in their quest for a Senate majority, but the magnitude of their advantage hasn’t changed much throughout the campaign. When the FiveThirtyEight model launched Sept. 2, it gave Republicans… Continue reading Who Will Win The Senate?
Third Time Is The Charm?
Conference Call Presentation/Charts of the Week Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/103014.mp3|titles=Conference Call ] Topics Covered This Week Include: A Bond Move For The Ages Is The Stock Pullback Almost Over? Bullard Speaks What Is The Difference Between Inflation Expectations and Falling Stock Prices? What Does The Market Discount? The Stock Market And QE Bond Hate Q3 GDP Tracking… Continue reading Conference Call Presentation/Charts of the Week
Comment On October 30, 2014 at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 14:00 GMT), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Join us Thursday as we discuss the spike in volatility over the last month and what it means for… Continue reading On Volatility And The Economy
The Wall Street Journal – U.S. Earnings Reassure Investors but Growth Lags U.S. Companies as a Group Are Reporting Better Results for the Quarter Third-quarter earnings are expected to rise 8.1% from the same period a year ago for the 500 largest U.S. companies by stock-market value, according to Thomson Reuters. That reflects actual results… Continue reading Earnings At The Halfway Point
Bloomberg.com – China Fake Invoice Evidence Mounts as Hong Kong Figures Diverge The gap between China’s reported exports to Hong Kong and the territory’s imports from the mainland widened in September to the most this year, suggesting fake export-invoicing is again skewing China’s trade data. China recorded $1.56 of exports to Hong Kong last month… Continue reading China Looks Bad Even When Using Official Numbers
CNBC – Why the market is losing its faith in the Fed As the Federal Reserve prepares to exit its monthly money-printing program, it faces a thorny dilemma with a market that is not buying what the central bank is selling. Fed watchers increasingly are commenting on a dichotomy as it relates to monetary policy—namely,… Continue reading Market Expectations vs. FOMC Projections
The Financial Times – Fed’s grand experiment draws to a close A grand experiment in US monetary policy is coming to an end. When the Federal Reserve releases the statement from its October meeting on Wednesday afternoon, the moment is almost certain to mark the end of the liquidity and stimulus programme known as quantitative… Continue reading The Fed Decision Is Today, Did QE Work?
CNBC – Market pushes back Fed rate hike expectations: Survey A month of worrisome headlines—from gathering weakness in Europe to the spread of Ebola to U.S. shores—has markets believing in a more dovish Federal Reserve, according to the latest CNBC Fed Survey. As the Fed begins its two-day meeting Tuesday, the survey of 39 money… Continue reading When Will The Fed Raise Rates?
The Wall Street Journal – Buybacks Can Juice Per-Share Profit, Pad Executive Pay In the most recent quarter, one in four companies in the S&P 500 index is expected to have juiced its earnings per share by 4% or more by snapping up its own stock, according to S&P Dow Jones Indices. That is up… Continue reading Buybacks