Watch the latest video at video.foxbusiness.com Comment Yesterday Jim Bianco was on Fox Business talking about the wild swings in the markets. To view the interview, click on the image above. To view any our recent interviews click here. In the interview the question of stock market capitulation came up. While we don’t believe the… Continue reading Capitulation?
The Wall Street Journal – Investor Expectations for Fed Rate Increase at June 2015 Meeting Slip Wall Street’s hopes for a swift Federal Reserve tightening are dwindling, the latest victim of the sharp downturn this month in European economic indicators. Investor expectations for a rate increase at the Fed’s June 2015 meeting slipped to 9%… Continue reading Has The Market Figured Out How To Intepret Yellen?
The Telegraph (UK) – Ambrose Evans-Pritchard: World economy so damaged it may need permanent QE Markets are realising that the five-and-a-half year recovery since the financial crisis may already be over Combined tightening by the United States and China has done its worst. Global liquidity is evaporating. What looked liked a gentle tap on the… Continue reading The Global Economy Is Doomed
Gasoline Futures Pointing Toward 15% Decline in Retail Prices Mcgladrey – Joe Brusuelas: Lower Gas Prices to Boost Discretionary Incomes Ahead of Holiday Shopping Season The recent decline in gasoline prices has put an additional $50 billion in personal disposable income into the pockets of U.S. households, which should boost spending heading into the holiday… Continue reading Confusing Cause And Effect
The Wall Street Journal – Market Swoon Bruises Some Hedge Funds Losses Amplified by Funds’ Tendency to Buy, Sell Same Stocks he recent turmoil in financial markets is upending some of the biggest hedge-fund trades of the year. A plunge in energy prices this month and a recent legal setback for managers making bets on… Continue reading Hedge Funds Are Terrible!
Value Walk – Ken Heebner’s CGM Fund: 32% Of Portfolio Short Treasuries From CGM’s latest quarterly letter: The yield on ten-year U.S. Treasury bonds was 2.72% at the beginning of the second quarter, dropped to as low as 2.42% on May 28 and has since recovered to 2.52% on June 30. We believe most of… Continue reading Is This The Most Painful Position On Wall Street?
The Wall Street Journal – David Malpass: Growth Management Isn’t the Fed’s Forte The Federal Reservehas been a crucial bulwark of America’s market economy. Yet with interest rates near zero since the 2008 financial crisis and the Fed now controlling huge swaths of the financial industry, a central-banking approach I call “post-monetarism” has settled in.… Continue reading David Malpass Criticizes The Fed
Comment Last week, thanks to the AIG trial, we learned that the Fed has a “doomsday book.” No one knows what’s in it, but supposedly it contains a road map for the Fed when markets go haywire. We will assume that the beginning pages say market fears need to be calmed. It would stand to… Continue reading Is This From The Pages Of The Fed’s Doomsday Book?
The Wall Street Journal – Market Tumult Squeezes Big Banks Earnings released this week by some of the largest U.S. lenders show how squeezed big banks have been by low interest rates. That has put a damper on recent talk from bankers about the relief that would come as the economy improves and the Fed… Continue reading Banks Try To Survive In Low Rate Environment
Charts of the Week Topics Covered This Week Include: What Is The Trend Of The Stock Market What Is The Trend Of The Stock Market – 2 Your Regular Fix Of Bond Hate Bond Bearishness Still At 100% Earnings Expectations When Do Slumping Crude Oil Prices Hurt U.S. Production? When Do Slumping Crude Oil Prices… Continue reading Charts of the Week
CNBC – Bonds are best investment in 2014, analyst says A rally in the U.S. bond market on Tuesday sent yields for 30-year Treasury bonds below 3 percent for the first time since May 2013, and one bond analyst expects that rally to continue. “The economy has been lackluster for years. I think it’s more… Continue reading Bonds, The Greatest Investment You Don’t Own