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Charts of the Week
Conference Call Presentation/Charts of the Week
October 8, 2014
Conference Call Presentation/Charts of the Week Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/100914.mp3|titles=Conference Call ] Topics Covered This Week Include: The Dollar Index The Dollar and QE Stocks And The Dollar Why Did The Fed Taper? Economic Outlook For 2014 Q3 GDP Tracking The Fed Worries About Financial Stability The Stock Market And QE Bond Hate 30-Year Treasury Year-To Date… Continue reading Conference Call Presentation/Charts of the Week
Newsclips
Discussing The Federal Reserve, No Rate Hike Until 2016?
October 8, 2014
Comment Jim Bianco was on CNBC yesterday discussing the Federal Reserve. To view the interview click on the image above. To view any our recent interviews click here. Near the end of the interview Jim noted the main critiques and defenses of QE: It has been criticized that it would create (hyper)inflation. This has not… Continue reading Discussing The Federal Reserve, No Rate Hike Until 2016?
Newsclips
IMF Cuts Its World Outlook
October 8, 2014
The Economist – The age of diminishing expectations The steady deterioration in the global economy’s performance is remarkable for several reasons, including just how long it has taken the world to catch on to the trend. In a box in the first chapter of the WEO the IMF acknowledges that even though its forecasts have… Continue reading IMF Cuts Its World Outlook
Newsclips
The Ruble Continues To Hit New Lows
October 8, 2014
<Click on chart for larger image> The Wall Street Journal – Ruble Crumples to New Low Falling Oil Prices Help Knock Russian Currency Lower Despite the Central Bank’s Intervention The Russian ruble hit fresh lows Wednesday against major currencies despite the Russian central bank’s deployment of hundreds of millions of dollars more of its foreign-exchange… Continue reading The Ruble Continues To Hit New Lows
Newsclips
Q3 Earnings Season Starts Today
October 8, 2014
Zack’s – Q3 Earnings Season in the Spotlight The 2014 Q3 earnings season takes center stage this week with Alcoa’s release after the close on Wednesday. Alcoa isn’t the first to report quarterly results, though it is the first S&P 500 member with the calendar fiscal quarter to come out with results. Companies with fiscal… Continue reading Q3 Earnings Season Starts Today
Newsclips
Germany Hates ECB QE
October 8, 2014
The Wall Street Journal – Bundesbank’s Weidmann Criticizes ECB’s Stimulus Measures Weidmann Warns That ECB Policy Risks Being ‘Held Hostage’ by Politics German Bundesbank President Jens Weidmann criticized the European Central Bank’s decision to buy private-sector bonds and chastised France for budgetary laxness, taking a hard line against new stimulus just before high-level International Monetary… Continue reading Germany Hates ECB QE
Newsclips
Reinventing Finance
October 8, 2014
Bloomberg.com – Marc Andreessen on Finance: ‘We Can Reinvent the Entire Thing’ We have a chance to rebuild the system. Financial transactions are just numbers; it’s just information. You shouldn’t need 100,000 people and prime Manhattan real estate and giant data centers full of mainframe computers from the 1970s to give you the ability to… Continue reading Reinventing Finance
Newsclips
M&A Deals Everywhere
October 8, 2014
<Click on chart for larger image> The Wall Street Journal – M&A Boom Gets a Twist: Predators Become Prey Companies Bidding for Acquisitions Turn Into Targets Themselves Memo to companies bidding for rivals: Watch your back. Several companies that signed agreements this year to buy other outfits have ended up as the prey—targeted by even… Continue reading M&A Deals Everywhere
Newsclips
The Fed’s “DoomsDay Book”
October 8, 2014
Real Time Economics – Fed’s “Doomsday Book” Has Day In Court The “Doomsday Book” is essentially a private compilation of emergency measures that the Federal Reserve could take in the event of a financial crisis or other market-destabilizing event. The book has never been made public. It’s existence of the book isn’t secret: Treasury Secretary… Continue reading The Fed’s “DoomsDay Book”
Newsclips
Canada Finds An Oil Route Around Keystone
October 8, 2014
Bloomberg.com – Keystone Be Darned: Canada Finds Oil Route Around Obama So you’re the Canadian oil industry and you do what you think is a great thing by developing a mother lode of heavy crude beneath the forests and muskeg of northern Alberta. The plan is to send it clear to refineries on the U.S.… Continue reading Canada Finds An Oil Route Around Keystone
Newsclips
Banks Rewrite Derivative Rulebook
October 8, 2014
The Financial Times – Banks rewrite derivatives rules to cope with future crisis The world’s biggest banks have agreed to tear up the rule book on derivatives to make it easier to resolve a future failing institution like Lehman Brothers. People familiar with the matter said 18 bank “dealers”, ranging from Credit Suisse to Goldman… Continue reading Banks Rewrite Derivative Rulebook