Today's topics include are 5% 10-year treasury yields possible again?, where will the target rate end the year?, divergent global monetary policy, the dollar's rise, lower income loan stress, and U.S. oil production
A summary and replay of our April 25, 2024 conference call
Jim Bianco joins Schwab Network to discuss the Stock & Bond Market, the Federal Reserve & Bitcoin with Oliver Renick.
The level of deficit spending will not be solved at the ballot box. It will be solved by the market imposing discipline. When this will happen is an open question. The UK mini-budget debacle in September 2022 offers a potent roadmap.
Q1 2024 earnings season is underway. Expectations are positive but have declined significantly since the start of the year even as the US economy beats expectations.
Today's topics include do yields matter to stocks?, forecasting vs. scenario analysis, the TGA swells as tax payments are made, keep an eye on this week's treasury auctions, stimulus sets the U.S. apart, earnings expectations, betting on a strong dollar, and high yield
If the transfer of money from the Fed's Reverse Repo Facility back into banks is ending, the full effects of quantitative tightening will reassert themselves and bring much tighter liquidity for financial markets.
Today's topics include with a yield to manage...active bond funds come into the spotlight, more coming around to no cuts, does the Fed have a reliable model of inflation?, the state of the yield curve inversion, basis trade risk turns heads again, money market assets fall on tax season, pensions allocating away from stocks, mortgage rates at highest level this year, private market risks, and crypto regulation
Inflation-adjusted retail sales remain below their peak from March 2021.