Earnings
Q3 Earnings Update: Surprising Earnings Growth
November 13, 2023
We are coming to the end of Q3 2023 earnings season. S&P 500 operating earnings, initially expected to decline, saw a positive growth quarter.
We are coming to the end of Q3 2023 earnings season. S&P 500 operating earnings, initially expected to decline, saw a positive growth quarter.
Today's topics include more on the fragility of November's bond market rally, projecting rate cuts, Bill Gross betting on disinverted curve, previewing tomorrow's CPI report, low-wage income growth falling fast, net interest income/expenses, banks continue to struggle, the shipping industry struggles, and regulating the basis trade
Jim Bianco joins fox Business to discuss Inflation Expectations, Possible Future Rate Hikes, Interest Rates vs Earnings Reports & The Magnificent 7 with Charles Payne.
In the latest installment of Talking Data, Jim discusses the big drop in yields after last week's refunding announcement.
Today's topics include bad auction sparks bond selloff, Fed's repo facility usage drops below $1 trillion, Powell injects some hawkish rhetoric, eyes on home loan banks, tracking shipping & cargo, a rational shift in consumer buying patterns, tighter lending standards, reconciling monetary & fiscal policy in Japan, projecting declining population growth, and Jay's potty mouth
T-bills are accounting for a rising percentage of outstanding debt in the U.S., surpassing the 20% limit typically advocated by the TBAC.
Worsening loan conditions have yet to send high-yield spreads wider. It is worth noting the index contains higher quality bonds than in past crises.
With excess savings dwindling, consumer loan data takes on increased importance.
Key card swipes, public transportation, and mobile phone usage all point to office usage settling in around 2.5 to 3 days a week in the office.
The number of homes sold each month has fallen considerably from the January 2021 high. In September, 405k homes were sold.